ChrisOh

ChrisOh Updated 

Weird looking head and shoulders, but might be just enough to break that support and maybe out of the bigger triangle.

ChrisOh

So by now, most of you have seen the pennant break just now. It also looks like BTC is bouncing off an older trendline, one that means heavy returns! Happy New Years folks.

ChrisOh

I found this particular pattern recurring in every smaller time frame, including the 1 minute candlesticks. After a major correction, this fractal shape ensues. I am going to just leave this here. Obviously, I don't expect this to be accurate one bit. Just a lesson on fractals if it is :)

ChrisOh Updated 

Looking at the first giant jump to nearly 20k$, I took a look at possible patterns that might have prompted it. One noticeable inverse-head-and-shoulders jumps out at me. Could this be similar? Check out the fractal-like copy at the very end, just finishing up.

ChrisOh Updated 

The upward channel seems to be holding the brief fall from 16.5 to 15 together. Head and shoulders indicate the beginning of a larger drop, but it might be worth noting that the combination of these two signs may lead to a correction in the next day or two. The other possibility is that we break through the top resistance line, in which case we might see possible...