A path to breakout

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
The triangle TL hold.
Also confirmed by a decreasing momentum and volume throughout Wave E.
Both picked up significantly to mark the ending of this wave 4.
There was a clear read of wave (c) and wave c on macd .

Surprisingly PA didn't overshoot the triangle TL, there was no false breakout. to the downside.
Current correction might see a slight retest or throwback close to it.

On this chart :
The green lines are significant resistance, simplified target obtained from previous pivot , fib, retracement and MA.
The purple lines are significant support defined similarly.


*I meant pullback instead of throwback
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out