Concerning fact is that we did not hold 52k for now. lets see how the markets react. Selling after this kind of dump is silly IMO. What u think?
See the similarities Same timeframes, same structure, would set us at a 14300 eth at begin january
Cup and handle breakout in play right now after making a S/R flip on the 3800 level. Can we hit 10.000 this year? Let me know in the comments.
Retesting uppertrendline on the log scale Maybe a wick to 52k, but we are close to the bottom with al the fear and panic now
bullish div on the 8hr upwards volume = accumulation Bottom is in, just one more nasty low
Same accumulation pattern as in 2017 - 2 higher highs and lows in a row - uptrending support line, 3th touch did not even reach it - 75-85% correction between after making a new higher high After that, full moon blast, did more than 500x
Bullish pattern Could make one more low around 0.5 firs. Depends on bitcoin Declining volume with decline price on the daily = bullish Whats your opinion?
Until the RSI has to break out Still bullish div in the play on the daily We had capitulation=bottom signal Boring, but big move comming soon.
Huge falling wedge Technical target around 30 dollar (top of the wedge) we broke out and retesting upper trendline wedge so far
Bullish wicks so far on the 1 hr. Lets see if we can get some consolidation on the support of 0.70, we need to hold it short term to get continuation upside.
In bullmarket, always have 50-60% corrections on the way This time its not a different story. Letsgo!:)
Now its the time to be bullish Btc stabilizing in the 30k's again. Xrp is RIGHT on the weekly support of 60 cent. If we manage to stay and close above, its looking great:)
On the 1hr and also on the 2/3/4hr Has still to play out, dad bitcoin has to be calm and respect the downward support line of the channel for now At least this is saying me that short term sellers have less strength than before.
Question is, do we break to the up or downside? Longer consolidation triangle, several touches on both sides. Ribbons are narrowing, volume is declining. Big move is comming soon, i'm expecting due the price action of bitcoin that we going to get a very bullish move to 1.10 and higher.
0.337 and 0.40 are the next resistances.
On the daily Expect a bouce at least in the next few days.
1. Strong support at ~ 30.000 - 32.000 2. Short term resistance at ~34.500 3. Resistance at 42.000. This one is already tested a few times and imo very weak 4. Heavy resistance at the ~ 50.000 area because the supply and golden ratio fibonacci.
to be bullish Otherwise, some more consolidation in probaly a ascending triangle?