BTC is currently in a symetrical triangle while momentum to the upside is increasing. This increases the chances of a breakout targeting 99700.
CRYPTOCAP:BTC is currently testing both horizontal as well as the up trending support on the 4h. The 4h stochastic RSI is below 10 and about to cross upwards. There is a 4h descending RSI resistance. Upon a positive momentum shift meaning a break of the 4h descending RSI I expect a mega pump with the following targets: TP1 66226 TP2 67800 TP3 72000 TP4...
CRYPTOCAP:SOL Looking good for a short term breakout on the 4h. Price has formed a short term descending channel. I will enter this trade upon a break of the the 4h descending channel AND a break of the descending 4h RSI resistance. This is a HIGH RISK trade as we will probably not see a 4h close above these levels in the next few minutes. I am using the...
ACE is forming a symmetrical pennant entering from the bottom increasing the probability of a breakout to the topside.
Currently BTC is forming a decending triagle on the weekly chart. While remaining under $28600 BTC is in bearish territory. If BTC breaks $28600 in the next week or two the price will most likely continue to $32k and this idea will be invalid. Until then resistance remains resistance until it is not and at this point in time $28600 is acting a major resistance....
Ok so lets start off by saying this is my first idea I publish so I would advise you NOT to act on it as I am not an expert...Infact Ive probably lost more money trading than what Ive made. I think yesterday it was pretty clear as what was going to happen but what now? We've dropped to 6350 at the time of publishing this article. I see 6450 - 6250 as a no trade...