Even though the past three triangle breakouts were +ve for BTCUSD, the breakout from the bigger triangle could be negative. Price target for ~15th Jan with probabilities: ~930: 10% ~740: 50% ~$700: 30% ~$660: 10% I am personally still bullish on BTC and belive this will be just a price correction
Support lines from fractals & Kijun-sen lines on 4H, 1D (yellow) & W chart (cyan) Pink lines: Cup & handle idea Potential upside: ~$880 Concern: OkCoin Quarterly futures opening on Dec 15 2016 might impact the chart.