BTC has retraced to the 0.702 on three previous rallys, unsure as to whether we go up or down in the longer term from here but expecting a small pump at least to 41k. Currently testing support that has only broken for two fakeouts.
ATOM retraced down to HTF trendline, currently in a parallel uptrend that hasn't been broken since it formed in March 2020. Price fractal overlayed from a move up in Aug/Sep, not really expecting it to follow but worth monitoring. Initial TP at ~32 with targets at 0.702 and then ATH after that. Volume been increasing on this entire move up over the last two years...
AVAX looking good here. currently testing HTF support and lower triangle trendline, needs to break through LTF resistance from the last week. Declining volume on the recent move down. Once that happens I think it will rip towards the top of the triangle. Still a bit risky as unsure as to what BTC will do in the coming days. TP of the top of triangle/0.702...
Big bearish divergence on the weekly TF for LUNA here. Volume also not looking too good and it's hit HTF resistance. However, it is absolutely ripping ATM and does seem to have broken through the 0.702 retracement from the top. Bit of a risky play, will keep monitoring.
ANC looking great. Already had a big run up but volume looking excellent and just retested three previous resistances. Could potentially buy here for long term bag or just for quick profit.
XRP looking like it'll retest the LTF resitance it recently broke through as support. Slight bearish div. on 4H and although the range has been reclaimed, volume is not looking too good. BTC also likely to fall to its support around the 42k region bringing XRP with it. If this does happen we'll likely see XRP break through and fall further, will monitor as the...
Price fractal from the 2018 bear market. Been following to a T so far and fits with the triangle correction that seems to be playing out. Likely price manipulation to cause the increase to the top of the triangle due to the low interest currently and low volume on the last move to ATH. Credit to TXMC from Alpha Beta Soup for this insight.
ALBT falling hard, broken through golden pocket with not much resistance till previous summer low and 0.5 fib. With the way BTC is looking currently this could fall a lot further. Either way now is a good time to start buying for long term.
ALGO has broken through HTF resistance and is falling towards the bottom of golden pocket. Also broken through 1.618 fib and retested for this move down. Good buy opportunity at ~0.7
Hidden and normal bullish divergence for XRP. Bullish div. on BTC chart too and it's hit resistance. Potetial reversal here.
On both the daily and 4H charts. Dipped into HTF supply zone. Does look like a range may be forming but with BTC looking bullish on LTF XRP will likely follow.
BTC dipped into golden pocket and hit HTF support. Expecting a move back up to the range and potentially to neckline/0.5 fib.
BTC seems to have formed an inverse H&S pattern on the daily TF. Retested the neckline twice along with HTF resistance trendline and 0.5 fib. Also dipped into golden pocket for both shoulders of the pattern. However, volume not confirming with the pattern, higher volume for the head and marginally smaller volume for right shoulder. Trendline, 0.5 fib and neckline...
Bullish div. on both daily and 4H. Broken out and retested bottom of range, likely a fakeout, expecting a move back into range and up.
Hit HTF resistance that hasn't been broken since KuCoin launch. Big supply wicks above the last few dailys and BTC also struggling to break through resistance. Expecting downside to lower trendline, however, blue support has held pretty strong over the last few weeks. Being cautious
BTC hit bottom of range, if it comes back down will be a good place to buy. Looking to see if hourly closes above blue line, if so, a new range is likely established.
If candle comes back down to bottom of channel, good place to buy. Respected these lines pretty well on 15 min and 1H.
Not too sure about this as candle has just closed below range low. Will monitor and see hourly close before opening position.