BTCUSD: Bitcoin BTC is on ascending channel its way to $7850

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
After ABC correction BTCUSD made a new channel way to $7850. In this channel 12345 upward Elliot waves are in progress. When wave 5 reached it will touch to the long term resistant level.
Hi. I have seen another idea with this channel but believe the green channel in my chart is more valid (I could be wrong of course) but would like to hear your opinion on my channel if you don't mind?

I guess you had your eyes so fixed on $7850 that you missed that BTC was falling out of your channel even as you posted?
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