Band has got my attention after the nice play through last time.
Currently approaching a pretty strong resistance, but looking at the bottom of this is an advanced inverse head and shoulders and we are currently completing the last shoulder. The timing of this with BTC sitting at the ATH mark has me hoping for more.
Next, we see an expanding wedge which would finish the next wave at the resistance of $9.50 area. After this im expecting a retest of $7.50 area, and then to continuing onward.
Overall, a lot of alts are forming this semi circle formation, which could turn into a powerful cup and handle later down the track. We are almost there IMO.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.