BitCoin - Technical Analysis: Tuesday, 27/01/2015 07:18 GMT

Recent positive trading and forming an inverted head and shoulders’ pattern on the intraday time frames, and the confirmation will be by breaching 280.00 level.

Rise at the bulls’ power indicator, but some fluctuation might be valid affected by stochastic negativity and the negative pressure coming from the exponential moving average 50.

Breaching 340.00 will provide the most important positive key to rally upwards on the longer term.