However the note should be taken. The market (and the ) is 95% made-up on both kraken and poloniex. In monday I noticed the person responsible for market-making was tossing 400 btc sell orders between 0.016 - 0.014 but seemingly ended up with 0.014 and 0.0148, the first one, as always, got self-bought and the second one got self-bought partially, followed by a sharp decline as the market-maker after not a much ponderation rode the price back down. Someone did buy into the second wall thinking it will disappear but that didnt happen. Had it happened, the C would have reached 0.0156 making the buttrefly look a bit more traditional as the A-C would have been 0.85. But for some reason they made it 0.0145.
If the price breaks 0.011 and stays above 0.0115 until feb, 19 it will form a distinct 1d candle suggesting a significantly higher upward movement. If the breakout is prone to succeed the price will be propped up and may touch 1450, but the constructive action is imperative.