📊 Bitcoin update 26.Mar - Not out of options!

A couple days have passed since last Bitcoin Update because I have been busy setting up @dolphincontest.
Bitcoin have made some moves no doubt short term, but still sideways in the large green triangle, forming wedges.

I got too many options in direction from here.

• Price may be going down the red ABCDE to $8200
• It may fall down to the support at $8050 or
• $7715 forming a double bottom
• We can go up for the orange D and fulfill that larger ABCDE

The 4 hour chart show we can be in the orange ABCDE, or in III pink wave, in the circled 2 subwave.

Looking at the candlestick patterns on daily chart the latest pattern is a Bullish Engulfing 3 days ago. The current Bull Harami mark will probably change as todays candle is 15 minutes old.

TD Sequential red 1 and 2 is not strong, and today may turn green.

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These are just my thoughts, not a trading advice.
If you have another view on this post your welcome to discuss and post your charts in the comments.
If you'd like my technical analysis on another coin, please ask in the comments.

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