Vatis

Bitcoin Pattern: Red slope followed by green channel

BITSTAMP:BTCUSD   Bitcoin
The green channel was succesful for me - I've menaged to recover MtGox loss with a surplus. However, the latest events reduced my surplus.

I think that there is no much to say about this chart. It is visible, that we need to come to the yellow 360 to go up. What's more, please focus on the strong red resistance line. If we are going to repeat my pattern, the red line will actually paint it for us. Let's hope, that this time we will make it through the red line. If not, there will be another rally.
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