Dutch market is ready for a rally, ASML, SHELL, Dutch banks and many other stocks under AEX are ready for the rally next 3months. Wouldn't be surprised seeing AEX above 1000 next year and never coming back. THIS IS NOT A FINANCIAL ADVICE: DYOR.
We are creating a bull flag pattern, also we are down 90 % from top. Good indication for a buy level. As long as BTC stays stable this will end up well.
It's completely normal for a coin to stabilize at a certain level before having heavy pumps. Just have some patience for the people who are still HODL'ing (keep it up). You see the tangent lines are getting horizontal. It means we almost are bottomed.
UPDATE to my last analysis. There is a possibility for an upcoming inverse head and shoulders pattern. It's a reversal pattern including a second bounce from a 0.618 fib level (golden pocket zone). This is very bullish if it keeps up. Also notice that the last big red bar had low volume.
0.618 fib retrace ( which is called a golden pocket zone), prepare for going to the moon with this coin! it's also starting it's third wave which is the most bullish wave of all.
This is not a financial advice, it is your own responsibility to trade. I have put my fibonacci target at 100k, we can see that 40k area is a golden pocket zone for this target. I expect a bounce at 39-40k area. For now it's good to stay in fiat as SPX and BTC show correlation and both are bearish in short term. I would like to add longs at 39-40k. Slowly take...
We have just created a double bottom pattern on 4H timeframe. We are also completing this cup and handle formation, VETUSD is a great investment on the long term!
DISCLAIMER: This is not a financial advice. We have broken a resistance line (marked on chart). Expecting a surge anytime soon, as we broke out of an ascending triangle. Be careful, it's still possible that whenever BTCUSD will retrace, LINKUSD will follow with a possible breakout of the strong trendline, making it bearish again. Take your profits at the right...