Look at the chart. Red = price on daily btc begin of september Green = price btc now on 1 hour timeframe Fractals looks so far identical
See chart:) Possible rising wedge, normally means a trend reversal 20.000 retest as support would be healthy and wonderfull.
See chart. Perfect S/R flip
Sym triangle, Waiting for choose direction.
Seems like we forming a bit of an ascending triangle. Strong area of resistance at 19500-19950 Lower trendline should give support for the bullish case. Otherwise we looking (short term) for much lower prices.
Chart speaks for it. Should be good sign for altcoins
Stellar broke out of this descending triangle. Most of the times they break out to the downside, but not this time. Facing 0.175-0.180, a heavy resistance cluster, right now!
ETH / Daily ascending triangle in the making. So far seems very bullish. Triangle ends on 1 januari 2021. Could we get some fireworks before?
XRP is coiling and compressing more and more in this triangle. So far we got a nice bounce of the 58.5 cent. Bitcoin is deciding what alts are gonna do. XRP looks still very strong.
The symmetrical triangle just broke out to the downside. Bitcoin seems heading to (retest) the 18600 support. Will it hold?
Currently XRP is still in a (bigger) pennant since i posted the last update. Black: Head and Shoulders on the lower timeframe Red: Current retest of the neckline from the H&S Bullish scenario = Green Bearish scenario = Orange Also ABC correction in the grey colour.
18200-18400 Holds for now as support. Lets see if the bulls can make another try to smash this time the 20k barrier.
See the chart, will see if 57 cents holds.
BTC did yesterday reach ATH on most exchanges. At this time its consolidating now Few things i want to point out - Longer trendline since 27 november turned into support after the breakout yesterday. Look at the beautiful touches. - Bullish pennant in the making, expect breakout in less than 24 hours - RSI is also on a support (54)