BTC long trend + possible breakout
Updated
Hi everybody, my longtime "triangle of Doom" in red and orange, with a possible forming uptrend in green with the lowest riseing line in green from november 2017 supporting at 6220 at the moment, and a nice resistance and actual action line from a july-october 2017 in blue. I expect an horizantal trend and watch the end of this month closely for heavy action but it can also bounce back down earlier at the resistace line of the orange triangle.. just an idea.. have good trades and a nice weekend.. cya
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last previous 3-4 days btc battle on my upper red and orange line and the rising blue sopport resistance line, i expect an mild uptrend to my green lines but no heavy action..
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if we keep over the orange line..Note
crazy wave 3 did go up faster than expected if we get no impulse fail, we could get a wave 5 wit ha 1.618 extention up about 9900 usd
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nice looking uptrend.. wave 5 of wave 3 almost finished.. should not reach wave 5 of wave 1..otherwise wavefail
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