JohnHazbolatow

Ascending triangle spotted + APEX point nearing

BITSTAMP:BTCUSD   Bitcoin / Dollar
Scenario 1: we're up trending from here on continuing our first Elliot wave up.

Scenario 2: This is the B leg up from the ABC correction from our last 5 waves up.

We see slight divergence on MACD , we see volume picking up but not by much.

Will the bulls push on towards our next resistance?
The decision point is nearing soon....
Kommentar: In scenario 2 we got support from our 55EMA + the 8088 fib level which we likely conclude the end of wave C.
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