as you can see bitcoin weekly candles are little bit similar to last crash to 30k what do you think ?
btc broke the head and shoulder pattern and its bearish
bitcoin long term analysis with fibo support and resistances chanel show us btc is bullish in long term
in first senario its gonna be bad for altcoins and btc will leave them behind so watch the btc d 49 level if we reject from that level alts can make a small rally
etc has potential to make a big move after breaking the triangle
chz has great potential to make a big move after breaking this big triangle closing the daily candle outside of the pattern is the confirmation
crypto total market cap is fighting with the ath area if total market cap close a weekly candle above the ath around 2.5 trillion it would be very good sign for crypto market
if price breaks the pattern tartget will be around 420 $
as you can see we have a falling wedge in eos daily chart if price break the falling wedge to upside price can reach the 6 $ area
doge coin ghatering power in the corner of this big triangle if price break to down side or upside we are gonna see big movements
avax formin rising wedge if price breaks the downside blue line pattern is completed and pattern target is usually bottom of the patter around 32 $ area
personally i think bearish senario is more possible as you can see we have lower highes it means bulls becoming weak
bnb broke descending trendline if btc and crypto market stay cool bnb can move up to the resistance area around 420 $$
as you can see we have a falling wedge (bullish patern) inside of a rising wedge (bearish pattern) if price keeps the 38 k $ area and break the rising wedge we can have a small pump to 49k $ area but in mid term vision if btc in feature dont show any ablity to break 53k and 58k we are still bearish and 29k area is easily available
Ethereum forming double top pattern in weekly chart if btc and crypto market keep falls 1400 $$ / 800 $$ area is availbale (nfa)