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zippy1day
Nov 4, 2017 4:54 AM

BTC Diamond Top upside breakout! Long

Bitcoin / U.S. dollarBitstamp

Description

Too wrapped up in trying to see Elliott Wave to see the "Diamond Top" pattern which obviously broke to the upside ~ $6924 being its target and now my S/R line! The right side of the diamond and still waiting on $7551 Rising Wedge target/Ending Diagonal triangle in deep red, which also broke to upside !
thepatternsite.com/diamondt.html

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versus zoomed in comparison

Comment

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Looking at both charts there is still possible room to upside so caution necessary if wanting to short!

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Hit the median more or less spot on before bouncing!
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