TeslaKat

TeslaKat

We could see sub 6k as a clear double top is on the 4H. My support/resistance lines I previously drew have held.

TeslaKat

BTC 1H chart shows Ascending Triangle. I looked at past crashes of 2011 and 2014 and if compared to those charts we are currently in a bull trap and will break support at the end of the triangle to complete full correction around $4800. One giveaway is volume is extremely low.

TeslaKat

Volume decreasing. BTC looks as if it is going down to next support

TeslaKat

My last wedge played out beautifully. Here is an extended version.

TeslaKat Updated 

I see a rising wedge although the wedge has broken bottom trend. I also did another chart with a bullish channel. White lines are support.