After the last bear market rally in march, ETH nuked through the 1D 100EMA and then retested it twice from the underside. The same thing may be happening here potentially? Easy invalidation if not
BAND/BTC looks to have formed a bull flag with a high volume surge followed by a channel formation with decreasing volume. Currently testing the median of this channel, ideally want to see a break upwards of this channel with high volume and continuation.
Dot/Btc forming a bullish divergence on the 4hr. Looks to be confirmed with the positive bounce so far. I am going to be spot long on this long-term as well as taking a shorter term margin trade based on this divergence. I think DOT will perform really well if we get an Altseason.
Channel formed with decreasing volume after a high volume bullish impulse. Suggests a bull flag and is confluent with increasing buy pressure from the airdrop hype. Longing at support drawn or at the bottom taps of the channel to reap the potential rewards from a strong rally towards Saturday doesn't seem like a bad idea. Invalidation at clear breakdown of the...
Btc.d touched resistance and has nicely tested support. Ideally now we see a break of this support and btc.d moves towards August / September levels towards the end of November / start of December.
