Divineraze

Divineraze

I see a similar pattern playing out (the purple pen drawing). I could not zoom in to show the small details that are very similar, but you can see it for yourself on your chart if you care to.

Divineraze

Its possible we see price break above the channel and print a bullish flag which then will go and retest 48-50k in my opinion. The likelihood that this will fall below where are now depends on many things that can occur at anytime including the news and whatnot. I am seeing buying volume increasing which may indicate that bulls are getting their confidence back to...

Divineraze

Falling wedge type pattern. I think this will be the path that BTC takes in the coming days/week.

Divineraze

The current trend looks eerily similar to what occurred in April.

Divineraze

It seems to me that we are in a descending channel per the daily RSI and currently at the bottom after that 20% drop. There might be an opportunity to long to a higher high. This is speculative.

Divineraze Updated 

I believe that we are not in a bullish gartley pattern and will break out long at point D. This is not trading advice, trade at your own risk. Good luck to all.