Andrew-Cat-Es

Andrew-Cat-Es Updated 

If the price breaks up the upper red trendline, it will be again in the travel to the stars.

Andrew-Cat-Es

Bitcoin is going uncertain and undecided for a while. We see several trendlines that helps to see what may happen. What do you think will occur? up, sideways or down?

Andrew-Cat-Es Updated 

Bitcoin is temporarily in a long downwards trend (see red lines marking a channel that way). But there are a Shoulder Head Shoulder figure telling us to go to the A rectangle target. The B, C and D indicators proves Bitcoin is in a temporarily long trend. But remember the downwards channel... later after reaching A rectangle can reverse heavily.

Andrew-Cat-Es

As we see, the price has broken upwards the bearish channel. Also the ADX indicator it is crossing to the the red line and turning into a bullish trend. Let's expect the price go to $11.000 and next resistance $11.800.

Andrew-Cat-Es

Bitcoin price broke the triangle formation and because of it, we can expect a up-trend pretty soon.

Andrew-Cat-Es

A Shoulder Head Should inverted pattern is about to be completed. If this pattern is completed, we can expect a up-trend to 14.000 and even more.

Andrew-Cat-Es

What I can see is Bitcoin is breaking the green trendline and maybe can go for the purple horizontal line of the triangle, that acts as a new support zone. We can expect: A/ Break completely green trendline B/ Break purple horizontal line of the triangle C/ May be head down to a major support trendline (in green and thicker line) We should see a rebound in...

Andrew-Cat-Es

In the next days the price should move within the yellow square range and it should overpass the 61,80% Fibo.

Andrew-Cat-Es Updated 

I see a clear up-trend channel in the yellow lines I have drawn in the chart. Let's assume price will stop falling on the below yellow line and turn up again to new highs and records.

Andrew-Cat-Es

It is the highest volume for a long time and it is pushing up the Bitcoin price. It is great to see Bitcoin back again.

Andrew-Cat-Es Updated 

An engulfing patten has shown and a decreasing green candle formation. It is turning downwards.

Andrew-Cat-Es

Since bitcoin broke the 38% Fibo and it has gone past midway to the next 50% Fibo, we can expect to see it at $11.700 soon.

Andrew-Cat-Es

It seems a up-trend triangle formation is forming... let's see soon if it rockets.

Andrew-Cat-Es

Down to Fibo 53 and bounce back to Fibo 57. 65% probability.

Andrew-Cat-Es

Down to 107 (Fibo line) and bounce back later to 117 (upper Fibo line) 60% probability. Else: do not go down to 107 and flies straight to 117.

Andrew-Cat-Es

It will go up soon or later, because it keeps a constant support and every now and then it tries to beat a new high and it does if tamely.

Andrew-Cat-Es

Bitcoin just some hours ago over passed latest tops, as you can see in the orange rounded circle around the last peak. Let's expect some bullish soon.

Andrew-Cat-Es

Despite it did not repeat pattern as the two before, I do expect to reach the resistance 9000, it is the last top it did. Now it is on the support of the 23 Fibo and seem to start preparing for a rally.