BTC - iHaS still in play

Hi guys,

First of all, wish you Happy New Year 2019 and the best trading to all in the next year 2019. Hope there will be more green candles as was in this year!
Now let's take a look at the BTC what will possible to happen.
As we can see on my chart, there is possible bounce from the bottom support line of the channel and also there are support zones below us.
Its quite important whether the bulls can hold these supports, otherwise we can ahead to look more deep. We need to pop it out with a batch of nice volume.
RSI is showing us triangle pattern which we respected up to now. And it is not just the triangle at the RSI, we are still ranging in the bigger triangle of the 4H frame.
First bigger resistances which can be our obstacles to way up : 4382 and 4800 USD.
When the iHaS would be trigger then target to zone 5400-5500 USD.
Let's just to see if the bulls have some strength to push it more up.

Celebrate well !!!

Comment:

So we break out of the channel and now we are consolidating in the ascending triangle. We can assume the break up of this pattern and then retesting the upper line of triangle as a support. Volume is still weak, but the squeeze can come after breaking the triangle.
But keep in mind that nothing has changed at all.

Comment:

We have tested the support and now its time to push the price up.

Comment:

It took too long to break the flag, so the bears seized the power.
Now it looks that we are testing the MA50/30.
But at the same this MAs are so close to cross. Everything now depends whether we can remain on this support for this day.