I think BTC is heading to 30k in the next couple of weeks (~ until March) despite the pattern (blue rectangle) that everyone's noticing. In July I published my idea of the bottom candle that was correct: but this time the pattern won't play out like that. If you look at the volume, BTC has a notable decreased volume since the break out in late July - I'm sure...
ETH/BTC formed a bull flag that should break out soonish - what's no surprise considering the EIP-1559 upgrade takes place on 14 July. Entry for this trade should be after break out and retest of the upper line.
Bitcoin had a hard sell off followed by going sideways a few weeks. The big volume spike on 22 June looks lead to a bullish harami candle that looks like the bottom of this downtrend. From there on a ascending triangle formed slowly that is now near a break out point. There is also the possibility of a RSI and MACD divergence but I'm not sure about that because...
It looks like we're at the end of a long correction. RSI is totally overbought and we need a final dip to about 0.035 to shake all weak hands out and let the bullrun start.
LTC seams to be very stable. Like always. Boring lel Any ideas what happens next?
We will see support zone one more time before altcoin rally.
Looks totally like "this is a sucker's rally". Looks like some big moves after this bloodbath.
Bitcoin will fall back to the bottom once again, but when the blue lines cross it will pump to about 11.200$, that's a major resistance. After pump it will move sideways for a while and then it will get interessting. Will it be like 2014 or 2017? We will see :)
It's already at support zone and will eat it's way through resistance til breakout. Wow.
There are more scenarios. It could go up and break through resistance (black), it could go down to low support zone and bounce back to resistance and breake through (orange), or it could be like scenario 1 or 2 and bounce back to support zone and break through resistance later (pink).
Scenario 1: It will breakout from the support zone. But Cloud doesn't looks so good thats why there is a scneario 2. Scenario 2: It will fail breakout and fall back to lower support zone where it breaks out later.
Bitshares reached support zone and will now bounce between .236 fib and support zone until it breaks out.
The Stoch RSI is going down for now, it will hit the support zone and will keep bouncing between support and resistance and then breakout.
MOD hasn't reached the blue line, so it's chances to going up are good. RSI looks good.. If MOD hits through the resistance, it will go uppppppppppp.
Last time DGB did the same thing as XRP, so thats a possible scenario.
Just a possible scenario of the next GNT bullrun.