I think we are in this channel. That sell off that briefly dropped to $12 will probably be tested again, and maybe even confirm that larger H&S on the 4hr that will drop ICP to $11.35. I'm very bullish on ICP and have stakes my coins for 8 years. But, we have not had a good correction yet and we may get it now before going back up. IMHO
It looks like a H&S that will take us back down to $13 or even $12
RLC has been consolidating for 6 months and appears to be in an upward channel. It's possible that RLC has found the floor of the channel and is attempting to move back to the top of the channel. I have taken a position and will look take profit around $7.40.
Watch for a breakout. Ascending wedge formed. Expected to break to the upside after reaching 60% retracement.
ICPUSD looks like its getting ready to move up. Bullish divergence on the RSI.
I know it may seem impossible, but with BTC in a correction we could see BCH follow the channel. StochRSI is turning downward and has a long way to go.
We could see $420 in the coming weeks if the lower trend line holds.
Bitcoin Cash cup and handle possibly in play
BCH continues to verify a large inverse head and shoulders. I am expecting a target of $209. Again, this all depends on Bitcoin remaining stable.
I'm watching a possible head and shoulders pattern to play out over the next couple of weeks. BCH could return to $200+ again as long as BTC remains stable.
I know it's messy, but XRP could be in an extended H&S and may see .28-29 cents again.
.32 had been a resistance for XRP and it is obvious it is making higher lows. XRP needs to break above .32 and close a daily candle. Until that time it will continue in this triangle pattern, building pressure against the .32 resistance. Hopefully it will break upward instead of down.