Broke Channel
After posting yesterday I thought we'd hit the bottom around the .618 line and saw some Bullish Divergence on the MACD & RSI, after continually testing the trend lines on the shorter time frames, we managed to really break out overnight (AEST time) and have slowed up near a resistance line at $10.4K.
Purple 5 wave up at this point is really a...
It's looking like BTC has finished its ABC correction after 5 smaller legs up apart of a large 5 wave pattern as seen on ABCD.
Yesterday we bounced exactly off the 61.8 line but, dipped slightly overnight and it now appears we're on the up trend and leaving the channel. We could leave and comeback retest/reject from here and fall down to the $8.3-8.7K region in...