DunnDeegan

DunnDeegan

This Bear Pennant is nearly complete. It almost became a reversal trend, but got rejected back into the pennant. This does not bode well for Bitcoin as it sets us up for a potential fall to Feb 6th levels completing the double bottom.

DunnDeegan

BTC is breaking out of a triangle on the 1 hour chart.

DunnDeegan

Bitcoin is coming to a very important deciding point in which direction its going to travel. I have laid out a possible Bullish scenario below. The end of several patterns are culminating and will meet very close to support lines which will need to hodl. Just my opinion. Not trading Advice. Only for fun.

DunnDeegan

Tron stays within the channel for now on the 4 hour chart. I think it may hold until the Test net launch before hitting the top of the channel.

DunnDeegan

Short Term TRX appears to be in a Bearish Wedge.

DunnDeegan

Horizontal lines indicate points of resistance for possible trend reversals. With Testnet and Coinburn around the corner while Mainnet isn't much later, I find myself extremely bullish on TRX long term.

DunnDeegan

Coming out of a large cup and handle and heading into a possible wave 5 completion.

DunnDeegan

looks good with overall bottom trend line. Let's hope it holds.