EJSM

Possible Move Towards $15,350 or drop to $13,180

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BITSTAMP:BTCUSD   Bitcoin
If the market breaks out above $14,178 - $14,367 resistance area, we could see a move to $15,350 - however, please note MACD and RSI Divergence; If market respects trend we could see further consolidation or a pull back to support level $13,180.

24 Hour Outlook: Neutral
Komen:

Double bottom - Drop to $12,660 is possible after a push upward.
Komen:

Testing Micro-Resistance right now

Next Support: $10,875
Komen:

Market ready to complete D leg
Komen:
If you read my Post Jan Report on BTC only, I identified a second Gartley Pattern than the one shown above.

I personally feel that the market may be at $14,650 by Feb 1st if we break above the resistance point illustrated below

Penafian

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