GeeWillikers

BTC Supported in the Parallel Channel for Now...

BITSTAMP:BTCUSD   Bitcoin
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.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.