Sen_Shi

Sen_Shi Updated 

If US dips into publicly acknowledged recession in Q3, we might see crypto correction, as a benchmark - BTC to 12000 in autumn. I see this as an ultimate buying opportunity. Pros: recession is likely to happen crypto needs much more accumulation for a good bullrun than it has now I can't see a real bullrun without Fed pivot, only BTC/LTC/ETH speculations...

Sen_Shi

This nice flag has a large chance of breaking up and make another jump towards next resist level of around 31900. Good inflation reports might change the picture and cause BTC to go down instead, but given market mood, I am thinking we can see another solid jump to 31900.

Sen_Shi Updated 

A triangle should resolve soon, and it might have a strong bullish impulse towards 2600. I still think that there will be opportunity bu buy ETH at 750, 600 and 4000 (my buy levels for long term), so possible spike is a short-term idea.

Sen_Shi

ETH should make a small rally now as we see consolidation and stop of falling. But correction is not over and down movement inside a forming bear trend is possible towards a 720-800 target as: - a crossing of downtrend and support uptrend (after breaking uptrend) - strong consolidation levels of 2017 and 2018

Sen_Shi

Observable price growth on very low volume, might be bearish divergence which means price moving back to 3190 support.