Higher lows on a daily chart are a good sign. Once bulls break downtrend resistance I expect the first target at 280-290usd area. The key support is at 235-240usd area. RSI is in neutral territory.
Alibaba found support at 250-255usd area and bounced back to 280usd which is my December target. A retest of previous support (255usd) is possible. We should wait for MA bullish cross and break of the bearish resistance line. Daily and 4h RSI is just above oversold line.
Palantir is still in the bullish channel since early November. We are at the bottom and today is crucial for further climb. If we find the support my target is the previous high at 31usd, if the current bullish channel support would be broken today, I expect a drop to fib 1.618 at the 21-22usd support area. Rsi is neutral.
BTC just broke fib 0.382 resistance and is headed towards fib 0.5 at 11400 (weekly high from 2019 is around that area). If broken we are headed towards very important fib 0.618 which is last year's daily high at around 14000. BTC was parabolic in the first half of 2019 and it could be the same this year. If this is true we can hit ATH at around 24k by July. There...
Ltc short term target is 120eur (150usd). EP is asc triangle break at around 113eur. SL is at fib 0.786. RSI and MACD are neutral so both scenarios are possible. Wait for higher volume.
Eth just broke smaller symmetrical triangle and is forming ascending triangle. All of that is happening in a huge symmetrical triangle which started forming in june. When 290eur is broken we are up to test fib 0.7 at 300eur. Once broken, mayor resistance is at 340eur and the next one is all time high at 380eur. My target from july for the end of the year is still...
ETH looking good, my target for this month is 300eur. Higher low -new bullish chanel was formed, cruicial resistance at 200(eur) was broken above, huge symm triangle was formed and ETH jumped quite high - currently support is at around 230. We are close to fib 0.5 and the next resistance point at 260. If ETH will cross it, next station is the resistance at...
If ETH will break down this triangle, there will be a correction downwards (last 2 smaller symmetrical triangles failed and caused drop for ETH), otherwise we are up again. That is just my TA and I am long term holder-dont panic and hold because ETH has a nice future.
H&S formed, volume is up, ETH is back in the bullish channel. Next target is near ATH (485eur). Beware cryptos are unpredictable.
Ascending triangle almost formed, possible target 420. Probably new ATH today.
Slight correction in the next few days. We will see if 300 support level is strong enough.
Two bullish channels spotted (short and long term), major resistant level is at 200 and 220. I'm sure eth will test 230 level - if it holds that would be our new resistance point. 300 is near guys!