BTC hit the 2.61 level of the Fibo channel and corrected up to 1.61. You kept this price and should go back high to re-test channel level 2.61. Entry effected at USD 10700 at the disruption of the H1 LTB. Stop stands at 9700 and the target is the touch at 2.61 level probably in the range of 25k USD.
This movement is a replica of the movement of 2013. With the difference that did not reach the level of 3.61 the first movement. Probably because there was no manipulation of Mt.Gox the same in 2013.
In the updates it has complete image of the broken channel and LTB.
This movement is a replica of the movement of 2013. With the difference that did not reach the level of 3.61 the first movement. Probably because there was no manipulation of Mt.Gox the same in 2013.
In the updates it has complete image of the broken channel and LTB.
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Complete Parallel Channel
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LTB = Low trend line