Timeframe is becomming short and short for this triangle.
The upper resistance is stronger than the lower support.
I think a down movement can happen between today Oct. 8th and 11th Oct. First target should be the 0.21 Fib zone as depicted, but the whole mood in the week-month is bearish, although yearly is bullish.
Probably this is one of my most aggressive predictions, based totally on technical-Fibonacci, structure and two indices.
Between 31.03.17 - 08.04.17 BTCUSD will fall between 1120.00 and 1081.00 afterwards, we should see a huge rebound probably until 1500.00.
As any technical analysis, this is subject to failure, specially on fundamentals.
Due to Trumpconomics + euro parity + FED news, I think this index goes up....
Oh si, and structures of course... Watch out a fib fall back to structure to 0.72 % is probable, so, don't put tight stop loss....
Good luck ! :)
Hard to predict this time. The landscape now is: IF THEN.
Critical level reached on Friday night.
Volatility is at highest loomed by US elections.
However, polling says: 92 % chances Clinton will win, then after 8th I think, DOWN !!!
Good luck! :)