OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
108 7 1
This most recent rise hasn't had the same clean curve as the one in late nov – instead we have what looks like a choppy channel. I'll be watching 2850 to see if this choppy channel holds (green freehand), and if not I will watch if triangle bottom holds and plays out (red freehand).
Just hit 2868.5 which is pretty darn close to the bottom of the channel too! Nice if this holds; will see after this bounce calms down
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lnostdal lnostdal
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lnostdal lnostdal
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lnostdal lnostdal
still grinding along the bottom of this channel;
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.. getting close to the previous top and top of the huge triangle now
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lnostdal lnostdal
Wow! Crazy drop right out of channel; trigger hit on channel exit and 50% fib hit just recently:
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lnostdal lnostdal
seems to be bouncing;
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Forming perhaps an unclear asc triangle here. Every dip is bought up agressively as we grind along the top:
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