btc daily 151018

in #bitcoin6 years ago

BTC completed its regular orange regression, marked with the dotted orange line.
Additionally a tether prank was pulled of, which made BTC shoot over its target by miles.
Currently the price is right where it should be according to a finished regression of the last orange trend section.

Anticipating the blue triangle, which is not proven yet, the tether prank was just a glitch one has to be prepared for. A breakout of the triangle which is not valid because the price closed within the triangle.

The real breakout of the triangle which must be expected is in the overview of the next picture. The long term targets wait below the blue triangle.

Overview price targets:

  1. green : attained
  2. orange : attained
  3. blue : 5300
  4. pink : 5000

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