$BTCUSD trend is our friend

$BTCUSD long term trend has been reliable since June.

The shorter trend is more vertical and approaching a collision with resistance. If we can get past that resistance and stay on trend I expect ~$850 by year end.

Commento:

Short term uptrend violated. However, we are in a very tight range which could be sign of stored energy and a big move to happen soon. Italy is voting for whether to stay in EU or not on Thursday.

BTC was very stable from mid Sept to mid Oct before going from $600 to $700.

Commento:

We are dancing all over this line / trend. I'm giving this a bit more breathing room and time before calling it off.

Commento:

Still above the slower trendline.