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RE: BTC big pic update 17.04.18
I think I get the idea - if we overshoot that is a sign for being unsustainable.
Thanks for the big picture - Just being curious. I thought a trend line need three touch points to be considered relevant. How is your view on that?
Yes. If a trendline has 3 touch points, like the lower one, the market considers it valid. The acceleration trendline does not have three touch points yet. If wave 2 bounces off of it like I expect, then good. For now it is only a hypothetical line where I expect to find some support.