BTC is pumping and its only June 5. (but in Asia...)

5 giu 2018

We just had a pretty big move up which looks like the bottom of a channel (slightly different channel compared to my original green channel in previous ideas). My guess it that there is a potential chance that we could create an ascending triangle using the current channel and resistance lines above however this is obviously pure guessing currently. If we break the green channel to the downside I still see the bottom of the long term triangle (blue) as possible support however going this low seems a bit dangerous and could in my opinion suggest more down side as it would possibly create low lows on higher time frames.