Rising wedge / Symmetrical triangle forming symbolizing that BTC will continue an surge up until the diagonal resistance is hit.
After this it will then go down and bounce of the other diagonal support line for which the next time it bounces of top resistance we could see a
down fall especially if Brexit takes place tomorrow.
RSI and MACD similarly confirm this...
After the recent pump (hope you all sold ahha) we will now see a drop in the large range of 350-600 and short range of 500-600.
It will hit a previous resistance/support area and will bounce of the support line seeing us into a higher rally than previous.
Entry will be when a sign of increase will show (1-2 days).
Hi, we actually found it far easier to reverse time than predict where btc was headed so i can say with absolute certainty this is what btc does. It goes up then down a bit and then up again, mainly to the right. What can i say except you're welcome
It is possible this structure is complete as explained in the definition below?
A double three structure, or also called a double correction, or WXY is a 3 waves corrective structure where the third leg (wave Y) is usually 100% – 123.6% of the first leg (wave X) and not more than 161.8%
Therefore, £6100 or $7700~$7800 would be the bottom of higher Wave 2!