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Down to Fibo 53 and bounce back to Fibo 57.
Down to 107 (Fibo line) and bounce back later to 117 (upper Fibo line)
60% probability. Else: do not go down to 107 and flies straight to 117.
It will go up soon or later, because it keeps a constant support and every now and then it tries to beat a new high and it does if tamely.
Bitcoin just some hours ago over passed latest tops, as you can see in the orange rounded circle around the last peak.
Let's expect some bullish soon.
Despite it did not repeat pattern as the two before, I do expect to reach the resistance 9000, it is the last top it did. Now it is on the support of the 23 Fibo and seem to start preparing for a rally.
It seems BTC is repeating pattern. It is inside an uptrend channel and holding a support (slashed green line). Let's expect to keep it going up soon.
Could be it possible some break up of the triangle or else, will it plunge?
Since BTC has broken yesterday upwards the triangle formation, now it is forming a uptrend channel. Let's see what happens :-)
As fast as unexpected, Bitcoin has blown up the resistance and shows a huge upwards momentum.
After a upside trend following a clear inverted shoulder-head-shoulder figure, recently broke the support and now in plunging in downwards channel.
Upside channel, only if broken from below, change to downtrend
Line has been broken, upside trend is coming
Bounce back up or plunge?
Downside trend, waiting to break line to change upwards
Steady climbing, to be maintained till it breaks the channel