BTCUSD is being forming some sort of a squeeze rising wedge and may go up to 7.68-7.75k before seeing a dump which may or may not be harsh but depending on how market will behave but we would find plenty of support at 7.2k which shouldnot let it create another low
BTC has been squeezing after a fall from 8.6k down to 7.2k and its been going down in a squeezing channel preparing to popup any time during the next 48 hours.
The elliot wave pointing the correction on BCN is finished and now we should be moving upwards and creating new high around 375 sats by the end of this year
EOSBTC is hitting goldenzone and is good buy
we had similar fractal before at 6.4k dip and we had a sudden pump? would we be repeating that again? or drop more?
Bullish divergence being formed all along on MACD AND RSI on daily since 11k?
EOSBTC bounced hard and is in process of breaking above the resistance and testing new highs expect EOSBTC to do little correction before heading up again main net launch hype is REAL!
EOSBTC might be in a process of making cup and handle with target of up to 0.00185
How can we ignore fractals ? or we just break the fractal and moon?
if scenario turns out to be bullish buy at 7400-7600 range
QLCBTC is bound to breakout from the bearish downtrend wait for the confirmation of breaking above 1900 need alot of volume. the project is good recently launched there first dapp on google play store i see this can go 2x 3x if it breakout.
QTUMBTC is dropped below the penant expect recovery to be around the fib level 2082 - 2034
QTUMBTC might have higher chance of breaking up from the tenant and create cub and handle
possible TRXBTC breakout above but if fail buy the fib level which is 500 satoshi
we could get a potential big bounce from 8.35k-8.2k similar that we got on 7.3k
BTCUSD could potential bounce around 6.9k - 7.2k and could create double bottom reversal pattern and can moonshot!
It is possible that BTCUSD can bounce on the old support
NEO USDT is found good support at 101$-108$ range but can fall down to 94-96$ range if bitcoin dumps hard (which is unlikely) Next resistance is at 124-125$ then we moonshot to 145$ and hopefully break it and go to 163$ which is a major resistance i advice to start taking profits at 125$ some at 145$ and then finally at 163$