The following support has existed since the 2nd week of October. If it continues to hold, then we have a solid chance of breaking through the 20k barrier. Let's see what happens in the coming days.
A quick look at the 4 hr chart for BTCEUR. A good chance of increasing price in the next day or so if the support holds. From the chart I think we have a good chance at moving up higher. Off to an ATH or a deeper correction--what do you think?
Looking at the 4-hour chart, we can see what the possibilities are for BTC's price action depending on which way it breaks out of the wedge. Regardless of which way it breaks, I think it will respect the greater channel that it's currently moving in.
Of course this is not financial advice, just ideas. Do your own research as always.
Looks like we could be getting a strong bull flag forming on the 1-day chart. Perhaps it's even consolidating in a tight triangle above the main upward channel. Are we going to break upwards, or head back down. As always, time will tell. What do you think?
Building momentum in the ascending triangle. Looks ready to break upwards anytime in the next day or so. Always safer to get the breakout confirmed with a retest of the upper boundary on the next candle. Good luck everyone--cheers!
