Please forgive me if this is completely incorrect, it's just what these new to TA eyes see in the chart. Open to interpretation. MTL had a great run up today. Could we potentially be in an elliot wave 4 consolidation period? Could have my EW placed incorrectly, first time placing Fib. The probability with this large of a retrace may be about 15%? I can...
It sounds like the MT Gox's next trial date is September 18th. It hasn't been confirmed but there's speculation that they'll decide at this point what to do with the remainder of the bitcoin. This could ease some of the tension that has kept cryptofolk on the sidelines. We've had a nice run up and blew through downtrend channel and it's first set of...