WESTCT

BTC DIRECTION

WESTCT Updated   
BITSTAMP:BTCUSD   Bitcoin
*** Update to last chart ***
Sort of new to this platform so I'm not sure if I can draw old older charts?

BTC broke the channel sooner than expected and it hit resistance at a larger channel @ about $2420. It's on a new trend line and forming mini bull pennant, if it breaks this it should retest the bigger channel between $4200 and $4210. $4000's seem to be very strong at the moment.
Comment:
Broke out of bigger channel, First 2 targets hit :)
Comment:
All targets hit. BTC should form a nice handle to the massive cup that is there.
Next run will break $4500 and head to $ 4700
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