BTC simply continues in its channel of last year

BITSTAMP:BTCEUR   Bitcoin / Euro
BTC got overheated last year and exited the channel. In April it bounced off the support of that original channel and now it seems to struggle to pass the channel's resistance. Will BTC simply continue in the original channel? (until it gets overheated again?)
May 17
Comment: So far so good! It didn't go through the resistance and now heading towards support as expected. if you want to follow this trade, scale in your longs between €6500-6800. if this prediction comes true, we can catch about +40% profit in the coming weeks
May 23
Trade active: Time to buy!


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