frankoverwood

Will bitcoin succeed?

BITSTAMP:BTCUSD   Bitcoin
8 days max for sideways in the blue triangle, below that, doom! above, moon! :D happy trading.
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s3.amazonaws.com/tra...shots/i/IPr0X4hF.png
Times between 1st top of the channel and first bottom getting 60% shorter every time, after the next top, following this rule, btc will have 18 days to dump to the bottom of the channel.
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Need to have a clear breakout to know the next top.
Times between breakout of the medium trendline to the top of the channel.
s3.amazonaws.com/tra...shots/l/liFXNRQa.png
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s3.amazonaws.com/tra...shots/o/oKuT1qu0.png
to be solved in a few hours.
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s3.amazonaws.com/tra...shots/8/8j4KGW1w.png
local top is in. now, consolidation before another break, or maybe breakout retest and a chance to enter cheap again. we will see.
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targets: 6000-5600-6500-5100-7000-4800.
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click to follow new chart!
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