On the 4hr we're in a symmetrical triangle testing upper resistance and lower support. Chance of breaking either way. Upside takes us to ~6800, downside strong support at ~4800. I'm personally feeling a break to the downside but it could go either way, and in Bitcoin land, mostly these symmetrical triangles break to the upside. Swear to god if I see another EW chart, lol.
Trade active:
Broke to the upside. Trade active. Target 6600. TP along the way.
Trade closed manually:
Triangle broke to the upside but didn't reach the target.
Comment:
Reached moon target. Should've worked my timelines out better given the hardfork is still 2 weeks away. Lets see if we retest and head to 7k before hf.