XBT Analysis

Big jump last few hours, also running along the top of the 1 and 4hr trend lines. 2 possible scenarios here, we see a pull back into the .5ish fib zone and continue to follow the current trend lines closer to their close or we have another strong break up through and form a new pattern. My gut tells me there will be another draw down before breaking up, but that is a complete gut call and not something I will be actively trading on until confirmed.