BTC Supported in the Parallel Channel for Now…

Bitcoin / Dollar BITSTAMP:BTCUSD


Still within the parallel channel from the beginning of this rise. USD on bitstamp spiked slightly out of it but is good on the EURO             charts. Supported by the bottom line for the moment. If we break that next supports is the 200 EMA . Looking to close above the upper line of the wedge which is keeping us down to see if we can resume the uptrend.

By admin