palomino77

palomino77

We could see a pullback to 8500 or even 8800 before another dip that could finally break 8200 support.

palomino77 Updated 

We are at a triangle that will probably end by breaking an important support at 8200. This support represents a very old trend line: breaking it would bring BTC to new lows.

palomino77

BTC price broke the support around 9150 and is now in the void. It will probably bounce one last time before going down in the next days... not easy to say where the bottom will be. One possible support could be around 7400.

palomino77

The last of a series of dumps formed a falling wedge and we are now going up. But we might not make it after the first level around 9400 and fall again.

palomino77

Bitcoin has drawn 2 rising wedges and now it could be drawing a third one. Bearish pattern: it could break last support and go further down. In my opinion there is a possibility of bounce, because of the 1 month long trend.

palomino77

Support trend line around 9300 is failing. Next bottom can be under 9100.