Prepare for further uptrend. The market is to the bullish side.
Trigger of stop-losses are good fun, not for me (just got stopped out), but for the whales.
If this was the bounce from leg 2, then we are safe concerned a valid EW structure. We just need to stay above $207.64, which is the start point from leg 1.
If my Elliot count is correct, we will after visiting around $245, need to revisit sub $200 before going up further.
Leg C will test the support of wave 4, and we will know if the price goes higher or lower.
About to break out of the Bullflag. Buy now or on rebound for confirmation.
If more volume appears, then $BTC will probably make a small bullish rally.
Buy if price go higher than: 6373 Sell if price go lower than: 6246 This break will show the path for the rest of the week!
Has the short term bull run started?
If we break the triangle, then we will at least fall to 5.800 and maybe longer down :(
The bears has controlled last couple of days consolidation. More bull volume needed, to break up from the tightening triangle.
Exciting hours ahead - another short squeeze up or further down?
Break of the inside bar at the upper/lower wick will start the firework!
Today or tomorrow we'll see if this is another green week!