POSSIBLE TRAJECTORY But there has been no real proof of a break-out yet... Let's hope for the best and a definite bottom in...
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Hereby confirmed... break-out of the parallel. If we break through the 38.2 resistance, or 800 satoshi, we're good.. Target is make up the 50% retracement (800 satoshi) and hereby the FUD created from here... to get back on the previous trend. As long we don't get higher, there's no real trend-reversal yet.. We are aiming for 1000 satoshi to get a psychological support level to get to newer highs.
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That was a failed break-out, but it likes to make stronger support at 620... probably not everyone was on the bus yet... I ll post an update later, as another descending parallel is forming
@Timothie_Roggers, yes, but different way... I didn't say it will moon right now... it should break-out first... let's wait it out, it's a potential but probable analysis as we had a very long and deep correction