Orhis

Orhis

A break of this structure either upwards or downwards could mean different things. A breakdown could mean strong upward movement for altcoins and Bitcoin dominance weakening. A break upwards could mean BTC outperformance while altcoins remain stagnant or lose value. Either way, we wait.

Orhis

If PEPE breaks out of the descending symmetrical triangle, a buy will be possble

Orhis Updated 

Based on support and Resistance, I project GBPUSD to get to the support of 1.2617. My resistance points stands at 1.2806. Additioanly, the trend line shows a downward movement. However, I expect several retracements for selloff with the ongoing happenings in the UK. SL: 1.2615 TP1: 1.2707 TP2: 1.2617

Orhis Updated 

After breaking the support at 1.2804, we expect a push to the resistance level of 1.28607.