The Daily chart provides a long term uptrend channel, in which a short term rectangle has been broken out upwards. Possible move to the upper boundary of the channel. The Slow Stochastic is overbought, I don't feel comfortable with this, but remember that oscilaltors can remain overbought/oversold for long period when a strong trend is showing.
Ontology completed a 14-week H&S. Measured target at .830 #bitcoin #altcoins #classicalcharting
Lisk confirmed a 4-month wedge breakout. Expect price to reach the top of the wedge in a few weeks.
Decred completed a beautiful H&S bottom with nice follow through. Measured target on red line.
LINK completed a 3-week ascending triangle along the long-term trendline. Probably retest on ATH.
10-week H&S bottom reversal on IOTA/BTC. Red line = measured target
VeChain just closed above the previous recent high, confirming a 9-week double bottom as a possible long-term trend reversal. We could see VET reaching and testing the next strong resistance in a few months.
Bitcoin Montly chart. Building similiar structure with a clímax volume on end of March after 25-months (2 years bear market), very similar price action as the end of bear market on January/15. Could this be the star of an accumulation period for the next months pre-halving?
We're looking towards a possible double bottom of 15-week duration that would ONLY be confirmed after a breakout above 0.0024700. Contrary to what many think, double tops and bottoms take time to develop, specially on long term charts (Daily, Weekly, Monthly), but a confirmation of this classical pattern is very reliable and could bring a lots of joy. A break...
Potential reversal of a triangle pattern with a small round bottom on the vortex. Looking for a break up thru the 0.00002000 level.
#PERL 4-hour chart. New coin, nice project. Broke it's trendline with good volume. On watch for Daily close above it.