Price action is consolidating inside the triangle. Also the triangle is descending which implies bearish sign. As of now its neutral.
Price action has broken the trend line but formed double bottom at 4000 - 4010 levels. Double bottom is a bullish pattern. Close above the trend line will make the price to move towards 4370, 4500 and 4620.
As long as the trend line holds, price action will remain positive.
Price action has formed double top. Buy above 82.5 with the stoploss of 79. Targets are 86 and 89. Sell below 77 with the stoploss of 80. Targets are 74 and 71.
Price is consolidating inside an ascending triangle. We can go long if price breaks the resistance at 340. Targets are 351 and 360. On the otherhand, if price breaks 320 we can go short for the targets 315 and 305. So far RSI is showing bullishness by trending above 50.
Price action has formed pennant, bullish flag. Pennant formation indicates trend continuation in the same direction.
Price action has formed rounding bottom and it is breaking now. Can enter at the price 1.2085 with the stoploss of 1.2050. Targets are 1.2285 and 1.250.
Price action is forming a rounding bottom. Buy above 0.15350 with the stoploss of 0.13650. Targets are 0.170, 0.182, 0.199 and 0.220.
Mentioned the support/resistance levels for the possible movement in price action.
On breaking 4000 BTCUSD will find support at 3775- 3780 levels.