After breaking out of the 2650 satoshi range, it's now time to get a broader look at where it could possibly move to. Let's put a long right now and see if we have the 2650 satoshi level as support if we break lower than stop loss would be located at ~2600 sats. More over the next resistance levels are marked at with the upper red lines.
As the long term chart proofs that the long term trends is quite clear for $BTC, also the short term trend shows some divergances towards a positive goal. Also I updated the resistance to 7,600 USD since it was false on the long term chart. Sorry for that I've seen it too late.
Clearly shows that the downtrend has lost in volatility. Thus if we break the 7400 mark we will most likely break to the upper levels.