Bitcoin / US Dollar, Daily Chart, MtGox

9 Ara 2013

Our long position is working out well and has already moved through the 20 day EMA resistance level and has stalled at the mid-point or piercing line for the candle of 6 Dec 2013. This level is key to overcome if the uptrend is to continue. Otherwise we are likely to revisit lower levels of support - today's low, 50 day EMA and 449.