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DeadSerious

Bulls strike back

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Bitcoin (BITFINEX:BTCUSD)  
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BITFINEX:BTCUSD   Bitcoin
Trend Analysis Chart Patterns Wave Analysis
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But for now, resistance ahead

Merry Christmas
Commentaire:
Form we are drawing right now has potential for the H&S top-bart however you call it (thats why I drew it among others bearish things that are showing up) but it can stil be continuation to one more little wave up as its behaviour looks still kinda bullish..

snapshot

so I can see it going to the red resistance area before drop. Would destroy my falling channel but it will still fit with the rising one. Just don't stick too tight with the h&s idea until it start showing more confirmation structure.
or now its only a guess
Commentaire:
Nice to see channel resistance holding and reacting as expected. To confirm the bearish correction bears need to break 4k
Commentaire:
Found some fractal. If we move up from here then it can get pretty crazy
snapshot
Commentaire:
We are going to test 4300 again
Commentaire:
possible bull flag here
snapshot
Commentaire:
One of scenarios I came up with
snapshot
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