BitcoinUpdated Bitcoin - The Web
Just thought I'd get my call in early <><>
Note
We're approaching a crossroads between 2 charts Note
The weekly candle opened outside the tube-like arc pair but has been pulled back in the channel - We have the red line you can see is the 1x1 Gann fib ray of the future chart, this may provide a bounce Note
Lets see what happens Note
Looks like an exact hit on the convergence of the upper major trendline, the edge of the arc and the 1x1 of the central future chart <><> Note
Higher ascending support, a higher low - There has been a very subtle shift from one layer of ancient support to another, prices area about to increase Note
Spot on strike on the intersection of 3 lines - We will go up Note
These arrows looking increasingly more likely Note
seeing these arrows as likely now Note
Looking good - The candles need to escape the Arc Pair and the 45 degree red line coming from left to right - Note
Nice hit on the arc with this weeks candle - My arrows have had to change :P but the chart is playing very well and the candles are trapped accurately in the arc pair - I'm hoping for a change of direction in this arc crossroads the same as happened previously Note
lets see if this reversal continues up the arc pair Note
If the price continues to rally from here then next weeks candle will open in the ascending arc Note
Starting to look promising...if the next candle can open in the ascending arc https://pair...https://www.tradingview.com/x/N1Wq9mAF/Note
We're out the the descending arc as the price is reflecting - The candles will either push into the ascending arc or track up underneath it, either way i believe we will go up for some weeks now Note
See if we can get thru the resistance of what was previously the uptrend Note
Resistance smashed 
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.