Double Bottom with proven support and RSI divergence. Waiting for a trendline breakout to 0.618 Fib level.
Bat Pattern with weekly support zone and Fib extending to 161 appears to be likely scenario for BTC
Price at the confluence of 50 EMA and Fib retracement level of 0.618. Divergence on 5 minute RSI plus Doji forming on the hourly candle. Overall daily dirvergence also points to a lower direction.
Current divergence daily and weekly divergence points to a stronger yen or a weak dollar in coming months. Any pullback will be a good opportunity to short .
After breaking the ascending channel in the distribtuin area and testing the supply above, plus RSI divergence (with three touches) USDJPY is bound for descending journey initially to 133 and after retracement then to 131 area which on the 4-hour chart is a confluence of 200EMA and 50 Fib level.
With FFR announcement out of the way and anticipated rate hike in Euro plus the recent negative data on US economy as fundamentals, the technicals are pointing in an upside move to supply area / trendline from top.