Yes it's a very mixed picture but short term I am long looking for retest of key levels $2550 & $2700 + otherwise the break of that large wedge and support bull trend line means big movement to the downside? Pattern and Fibonacci Targets as per chart.
After many twist and turns is this the path we will follow? Rising Wedge?
Accumulation has been consistent over the past day in a falling 'Tight Flag' . Target 1 : £2194 Target 2 : £2389 thepatternsite.com
In my opinion difficult to find a better example ~ however this still playing out ! I recommend this site thepatternsite.com & Third Edition Technical Analysis page 364 for examples.
Yes she is putting us all through the grinder at the moment but offer this pattern as a possibility? Target : $2581 for lowest support level Upper Target : $3073
Hands up Bitcoin wins again on direction if this pattern holds true? Target as per chart.
It is obvious this pattern is in control therefore targets are as follows:- Target 1 : £2270 Target 2 : £2516
Once this bounce is completed are we heading back towards the channel? I'd like to think so but remains to be seen. Targets : Upside £2130 : Downside £1361
Having sold the bounce I am waiting now for lower levels to buy back in as shorting not available to me! Target :$2005, $2313/20 & $1810/16
It is possible we retest certain points before continuation with pattern? thepatternsite.com
Can see the reason for excitement about CLAM as I see a nice 'W' Bottom and also a Golden Cross(50/100/200 MA Cross) at circled point A. Again no Bitcoin or ability to buy but thought I would share my thoughts! thepatternsite.com
The Coin is getting very anxious at present after speaking with other traders and for good reason as direction has become an issue? I am still in the camp that believes a healthy correction is long overdue but Bitcoin will always surprise in a long term bull market! Target : $2416, $2000, $1875 & $1630/50 thepatternsite.com
Possible Falling Wedge forming so new targets set accordingly :- Target 1 : $2551 Target 2 : $1886
After quite a drop I expect a possible bounce off the 23.6% Fib Level to retrace 61.8% of recent drop from New All Time High $2980. Therefore Target for bounce $2728 thereafter $1918,$1850 &$1628 Of course as always these are my ideas only and should not be treated as fact! thepatternsite.com
Long position terminated & possible reason for immediate correction breaking the recent Pitchfork and Trendline I expect this correction to be severe? Target : £1479 or $1870. Level B on this site thepatternsite.com Support : $2000 ~ $2088
No reason to go along with this idea only that it did hit the break up target and looks very similar to the example given? thepatternsite.com Target : $1632 Fib Levels very much as a guide!
A significant break which may mean we see all time highs broken and set again? Projection as per chart.