I think we have a 3rd move up to $37k, Looking at the 4-hour chart, you can see 2 almost identical legs up, I think we on now on a 3rd and final leg up to $37k, I then think MM will pull down to retest support at 35K to as low as 30K before going back up to HKEX:40 in the fall and then flat. January rally to soon to see as we officially enter the 4-year bull run...
Waiting for a possible second leg up, or small scalp only. Watch levels on the chart. Good luck traders
Originally thought we would "Coil" a little bit longer but the bulls pushed through support at 1950. I do believe we have another leg up but we may retest that 1950 support before doing so. Remember that every resistance turns in to support once broken. Then I am seeing alot of resistance at 2150 as I suspect the bears will be liquidating anywhere from there up to...
Its been over 8 months since ETC leg up to $175. We have touch the bottom probably 4 times. Is it time for reversal. ETC has form what it looks to be a bullish flag. Ripe for a strong leg up 1.618 fib suggest $280 minimum. Higher fib suggest $500 or $600.
Nothing really new to say here. Just to remind everyone that a bull trap for BTC is still very likely on the horizon. For all that to happen it would be nice if we could hold 49.5k are first otherwise we could still get into further ranging. I am not a financial advisor so non of this should be taken as a financial advise. Be well. BINANCE:BTCUSDT
I think right now eth/btc looks so bullish, I expect eth to outperform btc in next months.
From the chart, we can see that every time BTC bounces of the 52.80 on the weekly it is followed by a large run upwards. RSI looks like it has broken the symmetrical triangle, with a target of the 89.09 level. We could reject of the 70.0 resistance for another re-test of the 52.80 before the last leg upwards.
BTC BULLISH CASE. BTC forming a leg before moving up (symmetrical triangle). Will be clear after the strong breakout.
Is so similar like 2017, i believe they are trying to manipulate newbies and weak hands before another leg up.
One leg up this week for USDCHF to test major resistance