Interesting idea. What is your reasoning for the 3k resistance and drop to 1k? The only thing I can think of is that the last wave was caused by Coinbase/GDAX news and may not be relevant to our current break out. I don't think that would cause a drop like that though.
@jollygreen, it's unnecessary to moves like I forecast (crawling then spike as your 3rd way in pic). But if it really did, I would give me higher probabilities trades with better risk and reward.
And about how it moves, it's wave theories to tell behaviours of price.
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