After bouncing 5 days ago on the 1D EMA 150 (aqua curve) + on the long timeframe support ( purple line) + on the first low green lime curve of my new indicator "Boundaries" (which I could explain in a different topic if you are interested, ask for it on the comment), BTC/USD price is currently between two FIB Levels (around 11k and 12,6k) and inside a triangle (between the purple line and the red line).
This Triangle will broke before the end of January.
Th 4H MACD indicator seems to have blown some steam off and we may have a little upward movement in the next hours/days in order to test the red line of the triangle. But I don't think we will break the triangle this time, except if we have a strong news on BTC. To break it BTC have to gather more strength.
To do it, BTC may test the bottom of the triangle (Purple line) or the 1D EMA 150.
If the triangle broke upward we will test those following levels of resistance : 12,6k and then 14,3k. We will also test the black dotted black line of my boundaries indicator.
if the triangle broke down we will test the 1D EMA 150 aqua curve and the lime green curve of my boundaries indicator.
I will keep you updated.