lpninja

Breakout of downtrend

BITSTAMP:BTCUSD   Bitcoin / Dolar
Because we have a break of the trend, and are now firmly in the channel that was defined before the last few weeks of the mania phase.
Komen: MACD and Stoch RSI still up. Trend confirmed.
Komen: We have confirmation of the trend being back in the longer term healthy channel, bouncing off the top and then entering the channel.
Komen: Friday, it bounced off the bottom of the channel and it is holding in the channel now.
Komen: Channel is broken on the downside. Monitoring carefully.
Komen: Closed.
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