Firstly,....HAPPY NEW YEAR to one and all
, I hope you are enjoying time off from busy life of work with your families.
Ok, so I have been dabbling in BitCoins and LiteCoins
Here is the 30 minute Chart, and the one I drew a couple of trend lines from:
Have a look at this hourly chart.
Here is the 12 hour (I guess daily ?) Chart
So the multimillion dollar question is....what might happen next ?
My take is that all the supports are now nicely below the spot price and that it could be a bull flag pattern playing out ?
So..
option 1 - rise to the level of the pole from the flag ?
Option 2 - drop out of the ascending triangle towards the 200d ma ?
intersting stuff