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BTCUSD: Taco Transition
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BTCUSD, D Long
Taco Transition

Picking the exact time of the trend reversal (or taco transition ;) is a little difficult here.. The price on Mt.Gox was behaving unnaturally in it's last weeks as we all know. When FIAT withdrawals weren't going through the price was way above other exchanges and when BTC withdrawals were halted price went in the opposite direction, also way below the price of ...

side side BTCUSD, D,
BTCUSD: long term trend channel
134 0 2
BTCUSD, D
long term trend channel

just an idea Notice how the last two run ups both started shortly after crossing the big red dashed line in the trend channel. But remember you can't foresee the future by looking at the past, so take this into consideration ;)

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