Good opportunity to trade on a breakout
Expecting price to test monthly once or twice, if it holds, long after break of TL.
According to my previous published idea we have tne pessimistic scenario. Bitcoin breaks the bottom of trangle and drops near Weekly MA20 like 5 times before from the 1-st of january 2016. That should garantee the healthy growth of BTC and strong UPTREND next few months.It probably can drop to 1800-1900$ this week, so be careful. This is a perfect time to start...
If price will return to the bottom line of a trangle and then break the top line, we will see the last impulse line to 3000$ or more. But as i say in previous idea, cryptomarket needs of correction to weekly MA20. Continue of downtrend is more possible scenario.
I see the EURUSD in an existential debate, to be or not to be... i think this is develop the same pattern from feb/2015 to oct/2015 and then when short break the triangle to fill the monthly descending wedge, touching the physiologic frontier of 1 (0.236 of month fibo) and over push him value to the sky (0.5 or 0.618 month fibo). markets crash = us dollar...