BTC currently consolidating at the intersection of rising and falling channels into a triangle. Trade the break either way, but be aware that the upside is more limited than the downside. If down, it has a "2nd-level" threshold that could push price to sub-9k.
Trading the swings of this prospective chart pattern would amount to +150% return.
Bull flag target matches the $.82. Don't expect this to happen without the rest of the markets rallying, as well, but the BAT is set up in a way that would allow the potentially higher upside, it appears.
WXY completed. Setting up for XZ which should bring us down to the 7-8k range (max), then it should be up from there. A breakdown further is does not make sense without corporate/government intervention.
Take a look. This is a 2D log chart.
DCB and drop back into the lap of 8k. Jk, who the heck knows. lol
Potential double top and divergence in percent change oscillator.
BTC is currently on a price run testing resistance. All markets have rallied with the exception of BCH which is currently finishing off leg E of ABCDE continuation pattern of the 2-week triangle and theoretically is on deck for a price run. Using fibonacci retracements and extension tools, we can calculate target prices of 3485-3566 (TP1) and 4115-4214...
LTC ratio just did a strong bearish TK cross while trading below the BB basis. After narrowing for a short period of time, the BBs are opening up -- price to the downside. Given the short period of BB squeeze, this shouldn't be that much of a drop for LTC.
Potential head and shoulders along with bearish %B, BB ratio, and RSI suggests it's time to take profits or cut losses.