Ripple is another coin that I've been watching for a while, I finally see it breaking out of its triangle, now based on how Bitcoin is after its breakout, and also whether or not RSI and Volume follow, you can determine whether it'll be an upward of downward breakout. If I had to make a calculated assumption, I would say to go Long, but waiting for confirmation...
Seems like so many alts are ready to takeoff today, another one that I've been watching for a while now, $EMC2 has just broken out of a descending triangle, it was only a matter of time, it also has some announcements coming this month. I've highlighted the major resistance points, and I'd suggest taking profits in the first 4 Fib zones, remember, before selling...
Like many alts right now $ADA also seems to have broken out of its, now past, trend. We should see a nice pump as soon as Bitcoin is more stable, or as soon as Volume follows. 3.1k is a potential resistance zone, but after that, we shouldn't have much resistance until the Major Fib levels (0.382, 0.5, 0.618). As marked on the chart, I suggest you take some profits...
Currently we're in a symmetrical triangle, this could be a good play for short-term gains. I'd suggest we wait for the breakout to be confirmed and for the resistance to be turned to support, but after that, we should see it breakout as long as Bitcoin doesn't plummet after the breakout which could cause it to turn into a fakeout. It has the needed volume behind...
Binance Coin, which also has a coinburn coming this month is looking like it's about to break the previous downtrend, we should see a nice bullish rally soon. Since the TA supports it, I'm gonna suggest we should go long.
Last week it got rejected from the resistance line, but it's testing it again and seems to be holding steady. If it breaks out from the resistance line and holds, we should have takeoff.