MrFusion

MrFusion Updated 

This is loosely how I think BTC could bottom as depicted in the GBTC ETF. The 1.54 support line I drew corresponds with the 1200 ATH of the 2013 bull cycle. (The correspondence isn't 1.2 GBTC -> 1200 BTC because GBTC has a premium associated with it.) I'm not suggesting I have the exact touch points marked of what the price action will be within a declining...

MrFusion Updated 

The 3-hour, 4-hour, and daily timeframes on DGB/BTC all show hidden bearish divergence on the CCI. A pullback below 400 satoshis toward the bottom of the pennant formation seems likely, if the support of the 200 moving average does not hold on the 4h timeframe.

MrFusion

Bitcoin is currently still in a bearish rising wedge with a measure of confirmation in it's declining daily volume. Should the wedge break downward, as I expect, it could allow for the formation of a right shoulder of a bullish inverse head and shoulders pattern. What would invalidate my concerns about the bearish wedge would be if bitcoin closes on a daily...

MrFusion

BTC looks like it just reached point D in a bullish Gartley pattern. www.forexabode.com

MrFusion Updated 

LTC bearish rising wedge on decreasing volume. Beware!

MrFusion

MACD shows some level of support, flattening out above the histogram center line