There is a correllation between the emas 30/13 and Minor waves on daily BTC charts.
Currently the emas suggest that the minor waves have formed a triangle which began at July 23th.
Overview price targets:
- green : 6520
- orange : 7150
- blue : 8280
- pink : 8620
Interpretation:
The price will break out upwards from the triangle, since the price targets of big trend magnitudes are above it.
