At least more reasons than some days before. 1. Bullflag on the daily 2. RSI almost on support 3. MacD at decision point 4. Declining volume
We see a lot of patterns playing out. Whats your favorite one?
Breakout soon, will we go above 3 dollar again?
Will it break to the upside? Much resistance on the way up. Once we cleared it, its a free way to 50 cents.
Some consolidation for eth before catching up to btc.
Alts gonna take the stage, especially if we break 68.00 on the chart.
SEC is causing problems. TA wise, xrp is doing fine still. Look at the similarities with 2016. Can the SEC supress the XRP price? mweh, people dont have a long memory. First the news came out, many of them panic sold. Some even at the bottem of 0.17 (wich is also a fib retracement from the ABC correction, ending on wave 4. As long if we not closing a daily or...
Zil broke out of the white line pattern and retesting upper trendline. Also moving in a bigger pennant structure (pink lines) and testing support again. Also making the yellow line as support (yellow line is daily support)
Btc has to choose a direction in this rising wedge. 30.000 should me the deciding point.