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Wolverinos

BTC turning momentum to the upside?

Long
Bitcoin (BITSTAMP:BTCUSD)  
Wolverinos Updated   
BITSTAMP:BTCUSD   Bitcoin
Trend Analysis Harmonic Patterns Chart Patterns BTC BTCUSD BTCUSDT btclong
4
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trendanalysis harmonicpatterns chartpattern btc btcusd btcusdt btclong
BTC touched :
the side of the large ascending orange parallel
the side of the small descending orange parallel
50 EMA in pink
50K level

POTENTIAL: upside: 75K, downside: 32K.
As BTC has just touched this parallel for the first time..
BTC got mostly rejected from the 50 EMA in a bullrun.
Exteded C wave

RESULT: 75% change to the UPSIDE
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