keep_it_simple

keep_it_simple

Simetric triangle forming in MACD, RSI and price. I would say higher chances of going downwards according to Elliott Wave counting. Retracement to either .5 or .618 fibonacci levels (8200 USD or 7800 USD). Alternate count is that simetric triangle breaks up upwards and moves to next big resistance level 10000USD.

keep_it_simple

BTC is right on the support level of a channel (Orange). A small H&S was confirmed with a small pick (and pullback). MACD and RSI show a small divergence. Changes of price getting higher are medium to high. I would go long now with a very tight stop-loss order right bellow the channel.

keep_it_simple

Double bottom forming. Volume confirmed pattern. IF price passes by the pink line, we can expect a nice upwards move. Stop-buy orders right above the pink line at 0.723.

keep_it_simple

Simetric triangle forming in BTCUSD. Volume is also confirming with big volume at the begining. Getting close to the APEX which is in a couple of hours. I would say it will break upwards cause there is a strong support at 9200 which I do not expect to break it.

keep_it_simple

BTCUSD is moving in a channel. Within the channel we have price moving in a pennant. The pennant is not mature enough so I would expect price moving still within it. Time to buy NOW. Price to take profits: Green line in the chart.