Assume to be a Large Bearish Flag until it breaks the 61.8. Posting a Bullish Pennant on the 30 min chart currently but there is a powerpoint on $15000 with multiple support tools so if it drops look for the reversal into a further up move. As it is now it is Alt-Buying time.
The 61.8 is our area of supply to worry about, although the Bullish penant being created suggests BTC is gaining momentum for a push through, since price is channelling you could expect further consolidation here. You can buy on a break of $16500.
Potential powerpoint spotted at $15000
100 & 200 EMA
Dual Axis Trendline Intersection
Support area & 23.6% of the move up
The 61.8 is our area of supply to worry about, although the Bullish penant being created suggests BTC is gaining momentum for a push through, since price is channelling you could expect further consolidation here. You can buy on a break of $16500.
Potential powerpoint spotted at $15000
100 & 200 EMA
Dual Axis Trendline Intersection
Support area & 23.6% of the move up