DanHunt

Breakout iminant

MTGOX:BTCUSD   Bitcoin / Dollar
183 2 1
Price is forming a wedge , and volume is low. Wait for confirmation of breakout - likely on high volume , and chase it - should be a big move.
Initial targets of 1200 or 500.
Would like to see it crash lower, I don't know how these price levels are still supported.
Broken out downwards testing that upper resistance once more, I think this is a sure sign of breakdown about to begin.
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DanHunt DanHunt
And there we go. 500 hit.
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