BTC finding support in the 29k area? This could lead to another huge rally like we saw last year, if we manage to keep this support area.
Last year BTC dropped about 50% down from it's highs in April. As we are speaking, we are about 40% down from our year high earlier in April which was 48k. Hopefully we go into a little accumulation period and see a little bit...
Ethereum breakout upwards incoming? It seems to be forming an ascending triangle on the Daily chart, depending on how well Bitcoin performs in the coming days, we can see Ethereum have a breakout. We have already had an upward cross on the MACD, and the moving averages are about to cross.
Ethereum trading inside an ascendingtriangle and setting higher lows, seems like a breakout is coming soon. This could be the breakout that takes us to the $5,000 price.
Facing resistance at $4,700.
