BTC - Hourly Channel

MTGOX:BTCUSD   Bitcoin / U.S. Dollar
740 4 2
Looking at this correction vs last.
Thanks - I connected the highs / lows from each correction (I recognise that that might be dubious but its probably as good as we have right now)
Thanks for your reply. User `rpietila' ( has come up with a trendline based on weekly volume weighted averages, going back as far as the existence of exchanges for bitcoin. I thought you incorporated something like this. One critic of his work mentioned that it should be re-fitted at some point. This was the reason for my question.
PW benjamin.kent
I will talk a look thanks for your comment Benjamin
Nice chart! How has the trendline be obtained?
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