Potential Bull Flag Formation
It sounds like the MT Gox's next trial date is September 18th. It hasn't been confirmed but there's speculation that they'll decide at this point what to do with the remainder of the bitcoin. This could ease some of the tension that has kept cryptofolk on the sidelines.
We've had a nice run up and blew through downtrend channel and it's first set of resistance levels between 9200 - 9500. Next level to look out for is 10k. RSI still looking good and we had a nice dragonfly doji on the 4 hour. RSI is getting high but still has room to go. P.S. this is my first TV chart, word.
We've had a nice run up and blew through downtrend channel and it's first set of resistance levels between 9200 - 9500. Next level to look out for is 10k. RSI still looking good and we had a nice dragonfly doji on the 4 hour. RSI is getting high but still has room to go. P.S. this is my first TV chart, word.
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