ALCOINS
Mysterium is Launching We have:
Bullish pennant or falling wedge.
Broken structure of descending trend line.
Rsi confirmation.
Fib levels.
We need to see confirmation, such as bull candle to enter the trade.
PS: Don't need to put much shit on the charts. Perfect is Simple :)
Let's fly!
Cryptocurrencies Facing Ambivalence, but Bull Run LikelyBitcoin has faced incredible volatility at relative highs, marked by very long wicks and doji candles. The Altcoin Index has pulled back and consolidated, forming the dragon head pattern that is characteristic of cryptocurrencies before another breakout. Several of the most significant Altcoins are exhibiting the dragon head pattern, indicating that, although we might see some more consolidation or even pullback, another breakout is in store. Many of the major Altcoins, such as Ethereum and Litecoin, have entered Wave 4 of the impulse of a 5-3 Elliott Wave.
The Kovach Crypto Spread Indicator has leveled off indicating that returns in both are commensurate, for now.
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