CyberExploit

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MACD Bullish Divergence, Oversold RSI, Bottom of wedge hit (support line)

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bearish

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going up!

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Breakout from the uptrend channel

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Falling wedge and bullish gartley formation are almost complete. We will most likely see a slight rebound after we hit the lower blue box price range target .

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In the 1H we can clearly see a head and shoulders formation. In the 4H, it appears to be forming a bearish flag, as well as a big falling wedge. If we follow the wedge, the bearish flag pole, fibbonaci retracement levels, as well as past support / resistance levels, we can predict the rebound target to be around the 7200 - 6900$. I highly doubt it'll go up any...

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3 Wedges, each within the other

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Bearish Gartley formation

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Golden Cross between the 50 day EMA and 100 day EMA. Previous daily candle closed below 200 day EMA. If we break pink support line, it's going down, down, down....

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Title

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Looking bullish for bitcoin

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Long here until upper downtrend line

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It is important when trading, to consider all possible cenarios that are likely to occur, and weight risk vs reward. At the moment there's nothing indicative of a possible bear market. I'm finally 100% long on my position. Even if it goes to 8k usd level, there's much profit to be made from this point onward. Choose one: 1) If you buy in now and it goes to...

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A decision is about to be made!

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There seems to be an upward channel formation, as well as a big wedge (price consolidation perhaps?) We'll see. Shorting in the short term, longing in the long term.

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Over the next few hours price could go down. As for the mid & long term, there's deffinitely bullish sentiment in the market, and wouldn't surprise me if we reach ATH end of january / beggining of february.

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Lacks volume so it's hard to say. Most indicators point to a price drop so I'm currently shorting.

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Trade with caution