UnknownUnicorn1016020

UnknownUnicorn1016020

LTC is currently consolidating. One breakout attempt failed. Volume has decreased further, so we might be ready for the next level in the next days. Condition for takeoff: Need to see some volume increase on the way up. Could enter the trade on a dip or wait for the breakout.

UnknownUnicorn1016020

We are living in interesting times. If either of the H&S patterns gets completed, there should be a strong move. We don't know the direction yet, though.

UnknownUnicorn1016020

Hunting for Elliot Waves and they do show a bullish pattern for $BTC. It might be another ATH high before July. It does conflict with other TA on a smaller scale, so I'm not ready to trade on that now. Maybe if it breaks above 2727.

UnknownUnicorn1016020

BTC just broke resistance at 2250 so they way is free until 2470.

UnknownUnicorn1016020

Resistance and support look quite solid for now, so BTCUSD shows some stability for the next two days.