ETHBTC looks really bearish right now to me at least. I expect a recovery at either the dotted line which is now being crossed or the secondary dashed line at 0.03 From there I could see a sharp recovery up as in the past ETHBTC has acted this way, aligning also with a higher high within the prior structure
A strong breakout for the altcoin market cap A small falling wedge structure within a larger flat type structure. I expect a bull rally to come.
This is the 4Hr chart for ETHUSD Price is sitting right above the channel down Sitting above like this could be cause for concern of a downward movement or a potential break in the larger channel. I suspect a channel break will come soon, this is shown with the curved green line, showing an up movement.
I just watched the movie about Gamestop called 'Dumb Money', it was great and made me make this chart. Using an inverted H&S we can plot a recovery along a middle trend line at about $8
If BTC is in a larger channel a rejection could be considered at the top of provided channel This is supported by an overextended RSI
Previous bear market was 798d Current may not be over yet if assumed same length The bull shall arrive soon though
Price has found support along the 200MA on the daily timeframe for BTCUSD This supports further bullish movement during the rest of Uptober.
I expect a double top at the top of this up channel that can be plotted This allows for a larger slanted inverted H&S structure to be formed in the process. Bearish at top of the channel.
Price has entered this Gaussian Channel indicator on the weekly timeframe This allows for an easier support to be found once it completes turns around and goes green Allows for the next step essentially.
A falling wedge has emerged and left price touching a strong horizontal bottom that I expect a double bottom to come from. This could turn really bullish if the breakout of the wedge is successful.
A strong trend line emerges when drawn like this. At roughly ~1100 a reversal or bounce from this strong downward movement may be seen
This is a strong trend line which shows bottoms It could turn really bullish
This is the non log chart and a curve can be obtained through the entire bear market, leading to a swap to a bullish state. Up from here?
An idea for ETHUSD suggesting a large breakout The breakout is a copy of BTCUSD parabolic rally 2017 A wedge can be created with strong trend lines shown by the dotted lines and the lower line of the triangle. Wen moon
A bullish channel is in play for ETHUSD right now, we are seeing a bounce at the lower channel band. A smaller down channel is also in play and might act as future resistance. Really Bullish.
BTCUSD has closed above the 200MA on this Weekly timeframe This is a bullish sign and could lead to creation of a large next candle The 200MA is in Red
Two smaller double tops encapsulated by a larger overall double top As you can see the dip is already beginning from the second double top Linking a relevant analysis below
This is the BTC pair for XLM As you can see it is settling just above a horizontal line in white that has been seen as support (in green circles) I expect to the breakout to be quite aggressive just as the prior ones, hence the bars pattern in green up to the horizontal resistance level.