


Price is currently following the rising channel which helps to illustrate the average price, as long as we remain in the channel
If price doesn't break $9450 now then it will look like we are in a descending triangle which is really bearish short term
Bitcoin due to drop very soon, green horizontal lines are areas of support. There is also potential for a cup and handle for bitcoin which is bullish long term.
price looks like it maybe in a pennant formation which may breakout on the 25th or 26th
price is about to hit my trend line which may act as resistance
Just noticed it now, looks like we might be heading lower as I first thought
Bitcoin could potentially retrace after hitting my line of resistance to head lower to hit my second target of support which is the lower green line
Bitcoin currently playing a snakes and ladders pattern right now as it constantly drops to support then tests resistance and drops further to more support and then tests resistance. This is testing times, we are currently in a no trading zone in my opinion as people will get caught out.
i'll let you guys decide, don't have enough time to analyse this
I expect price to move side ways for a few more days and stay along the .618 fib, until it hits the trend line for it to rise potentially higher. If price continues to rise next stop is 1322.52. However if price breaks the trend line expect some down side. In my personal opinion I'm bullish Tesla
My cup and handle prediction is still in play, currently the trend is acting as resistance. Lets wait and see what happens
Bitcoin has been following the trend line since 2011 which represents the average price. If bitcoin continues to follow the trend line then in the near future bitcoin price will be exponentially a lot higher.
bitcoin currently trading within this rising wedge. Expecting bitcoin to top out between 10.1k and 10.2k where there is strong resistance. Bitcoin could drop on or near valentines day