ETHUSD attempts to break 200day MA where when succeed will see the price back to ascending channel (green line)
Price finding stability at 0.786 fibo line where attempt to the upper side resistance at 50k. If succeed, BTCUSD is back to bullish ascending line. If movement to the downside, support at 46-47k range.
Huge price momentum after breaking ascending channel resistance bring price to set a NEW ALL TIME HIGH!!!!!. Price target at fibo 1.618 at 57,000. Beware of bear pullback at that price area.
Historical price breakout to $50,000 intensified the FOMO globally where BTC coinmarketcap nearing 1T. BTC price movement within ascending channel which will test the resistance line at 53k before a slight pullback to fibo 1, 51.5k area. In case broke support, price will go to the 2nd support at around 50k.
After long consolidation inside a symmetrical triangle, price breakout upward with potential to test fibo level at 1932. ETH long term movement still within ascending triangle and will proceed to test the channel resistance again.
Though recent pullback, ETHUSD price movement still within channel. ETHUSD support at the ascending channel line which may test the centre and resistance channel line.
Recent shakeout impacted price pullback to previous ascending channel. While current price pattern showing bearish, it is supported by 50day MA. If the 0.53 support does not hold, price potential downward to 0.49c. If bounces, upward to 0.57c.
BTCUSD price movement in the ascending narrowing triangle where this classic pattern indicator will lead to bearish sign pullback to 43-44k area.
Price movement in 4h chart forming a descending triangle pattern which more likely to the upside. Target at 0.786 fibonacci line @ $48,400.
Price back in the ascending channel with support at 1765. Movement at the channel bottom line which upward direction will test the centre line at 1850, and downward direction will see retesting support 1765 and if not hold, price will pull to 1721.
ETHUSD failing for 3rd time to break fibonacci 1 level at 1765. Support at around 1722 before we can see price testing the exact resistance again.
After a huge volume by TESLA, price breakout beyond ascending triangle (blue channel) and right now finding support at the previous resistance channel line. If support can hold, upward target by fibonacci at 48.5k while downward target at 44k.
Waiting for break out triangle either upward or downward target resistance line of channel.
Likely cup and handle pattern formation which potential to move upward into 39,000 target.
Price movement showing consolidation inside a bull flag pennant which likely to break upward. Potential target to 1800 zone. Bear in mind, Dollar Index showing strength in the moment!
Price moving within asymmetrical triangle with 50day MA downward direction and 200day MA upward direction. Break to the upside potential to 0.43c while downside to 0.31c.
After breakout ATH, ETH exploring a new chart territory where the target to the upward at fibonacci level 1.6 @ 1700.
Upward momentum will see BTC to test resistance at 38.4k while 50day MA and 200day MA about to cross, signal for GOLDEN CROSS!!!!