On the daily, we could be bouncing here on this 6 months long trendline going slightly up using the log scale. We are also approaching the end of this wedge , which could lead to a big move: up or down.
If we are in a falling wedge, it's gonna meet with the bottom of the longterm support around 7.9k-7.8k. It could be a good area to bounce.
ADA just broke down this long term support. It can chop around here for a while, but trends says down. The roadmap exists but it's too far ahead to have any impact on price.
Not looking good for IOTA. Lots of bad comments on social media, and it just broke a raising 1w trend line on the 1h.
We had some strong rejection when we hit the downtrend top, but this moves got stopped very fast, and we could see another attempt pretty soon.
We are nearly at the end of this falling wedge, expect one more low around 9.1k before a breakout.
We can see Bitcoin going to 10k+, but it's hard to see what's next.
We bounced 2 times on last ATH in 2017, 7900 could be the 3rd bounce.
Not much downside to short from here, but lots of upside.