ales.simunic

ales.simunic

Brakeout in both directions is possible. But all indicators show, that it is more likely to go bullish.

ales.simunic

In the next two weeks we are gonna see a break out from the giant wedge. Both directions are possible, but in my opinion, bullish brakeout is more likely.

ales.simunic

We can draw numerous long term trend lines for BTC, but this one i find especially interesting. Every time BTC tested it from the top, it created a strong bounce up. If you look at points on chart it generated longer/stronger that normal periods of growth. Point 1 - 50% bull run, 2 - 100% bull run, 3 - 300% bull run, even 4 - created this short term unexpected...

ales.simunic

Eather way, in my opinion, we will see a brakeout in the next 2-3 weeks.