SpielMeister
Long

Immediate BTC Buy Signal

OKCOIN:BTCCNY   Bitcoin / Chinese Yuan
56 1 0
Strong up trend, combined with breakout over the 3 day resistance trend.

The top of the elliot series indicates that we will head down for a bit, but bulls should buy in at the convergence of the previous resistance line and the new trend line .
This obviously didn't pan out well. My ascending triangle appears to have been an ascending wedge.
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