Sr.Botones

Mid-term Rally Vol.2

MTGOX:BTCUSD   Bitcoin / Dollar
278 0 0
Continuation of my previous analysis of the bullish trend .

2 channels:
- White one-> trading channel (Buy/sell)
- Green one-> Hold channel


Next resistance top ~@$165

The main channel with the normal prices is between the green lines of the green channel.
Everything outside the main channel (the green one) is in a tradeable zone. As we saw previously in my previous analysis, no matter how high goes because always go back to the normalized range price, so take into account this fact to take an advantageof the market.

At the end of this year could drop the price to the 140$ range to take some oxygen to continue the bullish trend
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