Mixed Signals for BTCUSD

No trading zone. Bearish Biased.

Waiting for a clear confirmation either:

• Breaking up and finding support on the current upper resistance line,
  
• Dropping back down but finds support at the 9300USD yet again.
  
• Dropping below the 9300USD support level.
  
• Dropping below the 9300USD support level, retests and fails.
  
• Breaking up through the current upper resistance line, but fails to find resistance turned support and breaks back down into the descending triangle.
  

Comentário:

Shorter term looking bullish (applying similar analysis):

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Earlier post did not display correctly due to the use of square brackets.
Reposting..
Waiting for a clear confirmation either:
{Bullish} Breaking up and finding support over the current upper resistance line,
{Mildly Bullish} Dropping back down but finds support at the 9300USD yet again.
{Bearish} Dropping below the 9300USD support level .
{Highly Bearish} Dropping below the 9300USD support level , retests and fails.
{Extremely Bearish} Breaking up through the current upper resistance line, but fails to find resistance turned support and breaks back down into the descending triangle .

Comentário:

See also shorter term analysis:

Comentário:

BTCUSD has found support on the middle support line at ~10200USD, showing strength in the market.

I'm now expecting BTCUSD to head towards the upper resistance line at ~11000 USD.