BTC: Be Wary as It Approaches 10k, if Confirmed it's on the Run

15 Feb 2018

BTC has made a cup & handle pattern & it's target is T #1. It also has formed an inverse head & shoulder pattern with 2 targets being T #2 & T #3 respectively based on different neck lines. The middle blue channel trend line is now acting as support and it needs to hold above this level but ideally holding or bouncing off the bright green line would be positive for a move higher to the other targets predicted. The RSI is getting a bit high now, indicating after T #1 is reached, it could be in for a pull back to support levels.