Xaripupi

Xaripupi

From my perspective we have "Ascending Broadening Wedge" formation. This is short-term bullish continuation, but mid term bearish with pullback. I'm expecting around 19.000 partial rise, and then pull back between 13-14k.

Xaripupi

It shows that btc touched support many 3 times. Probably will bounce also 4th time. But it also cannot pass resistance. After that it will fall to 15-16k where next support is. If that support will not hold then 10k is next.

Xaripupi

In the following weeks I expect we’ll first test 18k then bounce to 23k and then final capitulation candle down to 15k.

Xaripupi

There is a potential Ascending Triangle on the 1h time frame. If the play will confirm, upward move could be around 22 %.

Xaripupi

Potential rising Wedge on 1h timeframe. If this pattern confirms, the target is at the beginning of the move, near 33.000 $.

Xaripupi

If daily closes below the right cup rim it could be downward confirmation.