Amp has just been moving through its symmetrical triangle for months now. I'm still long - hoping for a breakout to the upside, but watching closely if it fails...could see some major downside.
Playing around with some ideas - haven't traded this pair much so still learning.
I expect a continuation of the up trend until about 2500
Could be bullish, but taking it very slow and cautious...
Just some hopium, if it can reach $1, here's a potential path. I see ZIL touching/breaking its ATH by March-April, then sideways/consolidation until Fall, when we blow off the top...a lot depends on ZIL fundamentals and BTC continuing uptrend to 100k (which is more likely as inflation expectations are being priced in due to the Fed's accommodative policy)
Hive blasted past it's all time high and has begun correction. If it can hold above 3.69, I expect this trend to continue up, if it falls below, I'm buying more around the $2.60-$3 mark. Super bullish long term, neutral-bullish medium term, cautiously bearish short term.
Expecting a recovery jump here due to bullish divergence on the 1H chart. I'm long till PT $1,160 -$1200
BTC didn't crack it's ATH in the first attempt either. Corrections also look similar to ETH currently...rushing back to the 4H 100SMA. For BTC, this dip was bought up in 5 days and then went sideways for about two weeks before explosive growth. I'm not selling my ETH.
The 100D SMA was strong resistance and now has shown signs of support. If it can hold, next alt pump in store.
Given the ATH is expected to be a strong resistance, a pull back would be normal. But demand is RED HOT for Ether now, so the dip will be most likely bought and continue to pump until mid-to-end Jan
Waiting for the daily close to see if this idea pans out.
This trendline has held all year - lets hope for one final blast off to end 2020. PT 700-800
Currently trading this chart pattern. Let's see if it holds up
I see Link poking its head above the rising channel resistance line again after trying once and failing...can it hold?