BrandonYoung

BrandonYoung

Bounce off RSI 50. first target 0.0037015

BrandonYoung

I predict that BTC will rise over the next few days and test 10K. I think it will fail the test and we will head down toward 6K.

BrandonYoung

It looks as if we are using this fib level of support and we should no retest the next fib level which is around 30% above the current price.

BrandonYoung

If price breakouts of the falling wedge then its time to buy.

BrandonYoung

Another bull trap!

BrandonYoung

The trend continues.

BrandonYoung

I predict price will briefly rise to around 9242. If it we break that resistance we will go to 11 700 before heading back down toward the 6000 mark. If you are looking to make short term then go long, otherwise sell.

BrandonYoung

one step back, two steps forward.

BrandonYoung

Target buy points.

BrandonYoung

We have seen the price touch the 2370 price area 7 times recently. The ascending triangles indicates it will do so again.

BrandonYoung

Here we see a possible breakout scenario.

BrandonYoung

Whilst bitcoin looks to move downwards, ETH is breaking out. If all things remain equal and the price stays within the pitchfork range we can hope to take profits just shy of 1090 and/or 1160.