dean_rcg

dean_rcg

As per the chart BTC is heading back to the top of the channel, the question is does it break through now or at the 3rd attempt??

dean_rcg

BTC has formed a wedge and a breakout to the upside seems imminent but BTC likes to be contrary so keeping an eye on it...

dean_rcg

Self-explanatory

dean_rcg

Looks to me like we've now completed a 5-3 wave and if so, then hopefully we'll see a move up, possibly back to around $14k.

dean_rcg

BTC is still in the ascending channel it started around a month ago. Currently it looks like moving back to the top of the channel over the next week or so. If it achieves this it looks like hitting $10k and presumably bouncing back off it.

dean_rcg

As per the chart, we're still in a large ascending channel, with a smaller inverse head and shoulders pattern attempting to form.

dean_rcg

BTC just made a sudden move down but bounced at the bottom of the rising channel.

dean_rcg

Just gotta see how it plays out...

dean_rcg

If the week pans out as it looks like doing we'll close with a bullish engulfing candlestick

dean_rcg

If BTC can break through 6850 we can see some upside.

dean_rcg Updated 

As per the chart, just waiting for the day's close to confirm either way.

dean_rcg

Top and bottom of channel tracking, need a couple more data points to be sure.

dean_rcg

Waiting to see how it plays out.

dean_rcg

Having dropped through the support of the previous ascending channel overnight, we are now in a descending channel.

dean_rcg Updated 

If correct we should get a bounce soon.

dean_rcg

Just following it now...

dean_rcg Updated 

Quick update for the hourly chart to show that despite yesterday's bump we are still in the same descending channel of the past week or so.

dean_rcg

We appear to be stuck in a downwards channel now, how low will we go!?