#BTCEUR now has a decent looking #Elliottwave 5up, watching 58k #EUR for a potential top then holding 51k or 46k for the bullish interpretations. Bear on the other hand can try to bet against the 57.5k top or wait for 58k to strike against 61.5k.

While it certainly feels like pickpocketed as stop got breach but recovered quickly, trading plan need to be followed with discipline. Bigger picture though 45k #EUR bottom for #BTCEUR has been there for months and the bullish #Elliottwave pattern is now rather full on the weekly. Notwithstanding a minor lower low, the weekly close of this week will need to be treated with respect as a close below 50 weeks SMA ~46k will hurt the longterm bullish trend. Closing above 55k is a good signal of the 5th wave starting.