Pattern: Ascending Triangle on 1D. Signal: Bullish only if 0.0134 breaks upwards. Target: 0.0020.
Pattern: Parabolic rise on 1D. Signal: Bullish after the last similar fractal shows there is still at least one more leg upwards on the pattern. Target: 17.600.
Pattern: 1W Triangle. Signal: Bullish based on a similar fractal sequence of the Higher Low line. Target: 20.3500 (Triangle's Lower High at -1.42%).
Pattern: 1D Channel Up. Signal: Bearish as the price has been rejected on the 1W Resistance. Target: 11380 (the Channel's Higher Low).
Similarities of now (2019) and then (2015) showing that the bottom is already in and after some months of consolidation we will start seeing higher and higher prices. * RSI 2019: the RSI peaked at 96.2700 on the ATH then dropped to 43.800, near the level it is currently consolidating. The bearish MA cross took place with the RSI at 53.550. 2015: the RSI...
Pattern: Bullish fractal. Signal: Bullish. Target: 6.500 (test of the Resistance trend line).
Pattern: Channel Up on 1D. Signal: Bullish once 1) the price test the Higher Low and 2) completes a -8.65% pull back. Target: 1600.
Pattern: Ascending Megaphone on 1D. Signal: Bearish after the price was rejected on the 1W Resistance. Target: 1.2900 (-3.36% pull back based on previous Higher Low).
Pattern: Channel Up on 1D. Signal: Bullish as the price is close (-3.35% pull back) to making a Higher Low. Target: 2.9765.
Pattern: 1D Channel Up. 1W Resistance/ Support. Fibonacci levels. Signal: Bearish after the price was rejected on the 1W 2820 Resistance and the 1D Channel Up broke the Higher Low. Target: 2700 (2630 only if the correction to 2700 takes place inside 1 week).
Pattern: Fibonacci retracement to 0.786. Signal: Bearish after identifying a similar fractal on the previous 1W Resistance/ Support levels. Target: 109.000 (just above a -2.92% pull back).
Pattern: Fibonacci retracement to 0.382. Signal: Bullish as a similar fractal points to a bounce on a -4.61% pull back from the top. Target: 1345 (the previous top).
Pattern: Channel Up on 1D. Signal: Bullish after the 1M Channel Down broke to the upside. Target: 67.000 (the next level of resistance).
Pattern: Descending H&S. Signal: Bullish. Target: 0.465000.
Pattern: Channel Up on 1D. Signal: Bullish after shift on ABCD pattern and break of the 1M Channel Down. Target: 13.50.
Pattern: Resistance break out. Signal: Bullish. Target: TP1 0.2900, TP2 0.3980.
Pattern: Channel Down on 1D. Signal: Bullish towards a Lower High. Target: 0.2800 - 0.30000.
Bitcoin is essentially trading sideways. This is mostly because the 1W MA200 offers a strong support and every time the price approaches it or tests it, buying pressure starts. MACD gives a quite clear Bullish/ Bearish Signal pattern and as seen on the chart, BTC is currently on the bearish phase. Bearish but of course still within the consolidation range...