Instant analysis. BTC is still in an extended uptrend despite the divergence against the momentum. Buckle up! At pilots discretion. Not for live trade. Your money your responsibility.
BITFINEX:BTCUSD In our 15 minutes time interval the trend was in a descending triangle . Trend has already tested to brake the support 2 times before and finally manage to brake on the 3rd try. Tenkansen crossed the KinjunSen downwards in the cloud as a medium sell signal. Leading clouds is red and getting thick. Price is below Kinjunsen. Chinkou span below...
BITFINEX:BTCUSD Considering my drawing as an Elliot Wave Pattern I think we have completed the first 2 impulses but the last impulse is not over yet. I believe it might end somewhere at 9500$. Educational purposes only not for live investment.