ArjunRoy

ArjunRoy

Watch out for which way it breaks out. This is a bullish pattern in general but in the past Bitcoin has broken out to both a bear or bull trend from these formations.

ArjunRoy

Much to my disgust. I regret to inform you that to me it looks like Ripple is slowly forming a giant cup and handle! Beginning of the end?

ArjunRoy

Watch for breakout.

ArjunRoy

If breaks up target is 14k

ArjunRoy

Bitcoin bullish flag pattern and possible scenario.

ArjunRoy

Let's see whether that long term resistance can be a solid support!

ArjunRoy

watch for breakout.

ArjunRoy

Time for another bull run? Let's see!

ArjunRoy

People saying BTC will drop to 8K doesn't understand how strong resistance that pink line was all year long and finally broken up to the upper channel and bounced back from a long term support. Now this pink resistance will act as a very strong support and BTC need to test it. Which is approx at 11500 level. Once it bounces back from the support it will be bullish...

ArjunRoy Updated 

watch for breakout for upside!

ArjunRoy

Worth watching this closely

ArjunRoy

Lets see how it plays out in short term

ArjunRoy

The old resistance is now the new support!

ArjunRoy

This is probably how it will get there if it ever reaches there. So expect lot of pains on the way up. Do not think it will straight go to 1 million.

ArjunRoy

Watch out for breakout!

ArjunRoy

Due to scaling bottleneck and debate price of BTC suffered a lot and it moved to this lower channel for few years. But now it is testing the old trend line and if it can break out of it then that line will easily be the new support. 100k will be within a blink of an eye.

ArjunRoy

Is it going to break out again like last time?

ArjunRoy Updated 

Look for downward breakout for confirmation.