As always, good luck.
Looking good, bit early on my part as candle needs to close outside the resistance to confirm. But also refer to idea of the short term resistance at .01175 on the fib, and it looks as if we're breaking through there as well.
Good buy volume on BTCE seems to confirm as well.
Hopefully all works out as expected, and as always good luck.
None the less, the trade remains open, and today's spike hit off one of the lower fibs that is still valid:
We've held close to 0.01 over the last two weeks now with nothing to indicate any danger of the price breaking down. With today's testing of the first fibs, and news due on Bitstamp's addition of LTC this week, we have cause to be optimistic to see some movement in the days ahead.
Good hunting and good luck.
The play continues...
Overlapping fibs for major support resistance.