possibly touch 35k for the double bottom and retrace back to 50-52k?
I believe that within the next month or so, we will see an eth blowoff and we will watch eth top around $6,000 before we start to see rotation out.
short term bearish, but ultimately i think its what it needs for the final push up to around 80-85k in my opinion, then alt season
chart is alittle busy but you should be able to get the point. The breakout in April came back down and retested the .702 where it broke out at. Not only that but it also retested the bull flag it was consolidating in for about 5 months. It was a nasty fall but god damn this chart has me excited
Watching for price action to break bullish out of this 6 month consolidation period. If/when it does, you better be long.
XRP is looking absolutely primed for a breakout. You can hate XRP as much as you want but there is money to be made :)
GRT retraced and almost touched the .5 fib retracement level, I am still keeping the possibility of price action moving down into the 1.60s once more to hit liquidation levels before blowing up.
GRT has two possible scenarios from here in my opinion. If GRT breaks under the flag, i am expecting a retest around 1.60 area, If it breaks bullish I am expecting pump to the final fib extension.
SUSHI is consolidating in a large bull flag, i am expecting a pretty large pump for sushi if/when bullish break.
XLM is breaking out, i am expecting resistance at fib around .50
fib and significant ray action at the $1.78-$1.83 mark. Expecting pullback from the fib.