ltc-joe

BTC USD

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BITSTAMP:BTCUSD   Bitcoin
2
I was expecting down, it never came. Reevaluated, things are starting to look bullish. Popped back over the middle bband and the MACD is on the rise on the 1d. When you consider the 1 week closes tomorrow, which (if we can hang around here or rise a bit) will be bullish, this looks like a nice long set up.

Down below there is a lot of support from the black trend line, as well as the 200 day moving average (a very relevant MA), also the .236 fib from the finex drop which is also where the recent low was (in terms of closing price). So good stop below these levels. If we do test them, and they fail to break can even add more to long.
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