BTC has been respecting trend-line since 2013. Assuming this trend-line remains to be respected for the foreseeable future and market consolidates between the 57-71k range on the monthly chart. we won't see any parabolic moves until FEB/MARCH 25', when it eventually meets up with the trend-line. Moreover, We do not want the STOCH RSI to fall below the 80 line....
Drew fib range from swing low to swing high on the weekly chart. We saw a pull back in a form of a bull flag which came shy off the .382 levels. We finally broke through resistance levels at the beginning of June! Retested our support level (D chart) and now moving towards the upside. I believe this is a confirmed breakout as there is a higher than average volume...