Bitcoin dayly 3.jul 17

The dayly chart has drawn a triangle which suggests that the price will proceed into the direction of the current trend. Since Bitcoin is in a regression and wave C is not completed, we should see a sudden fall of the price soon.
The price can break out long suddenly in order to steal stop loss orders which sit above the end of wave B and swing back into the short direction, where the price is anticipated to go.

The divergence on the hourly chart from yesterday indicated the completion of a turquoise trend section, which takes about 1-3 days to complete.
There is not more to say about the hourly chart today because the triangle of the dayly chart is like a dark cloud now that is ready for a deluge.