OKCOIN:BTCUSD1W Bitcoin / Dollar Forward 1 Week
I feel this is fairly accurate here. We're in a wait and see period. If either the red / green are pierced then that is huge confirmation we are on our way in that direction.
If you shorted on the red dotted line then I'd take profits at the yellow zone. It's really hard to say what's going to happen when we reach that zone, depends on if red or green has a longer candle in that zone. The bulls are really strong to have to stopped that tidal wave dump a bit ago, I know I tried my best to push it down further.