watch for the formation of a right shoulder, if we get it, we have a formed iH&S pattern at which point we can watch for a break of the neckline (i.e. making a higher high in the immediate trend) this would confirm a reversal and I'd be adding to spot longs as of now, right shoulder not confirmed yet.
bullish unless close below white line. extremely strong fundamentals, strong community, technicals looking bullish with increasing volume and accelerating pumps
Currently heavily allocated to spot $Eth. A daily close above the resistance line would confirm a continuation of the bull trend. A daily close below the previous resistance turned support would invalidate this idea.
nice support/resistance flip at $1.1 if price keeps blasting up thru $1.2 resistance, we should see $1.5 easily claimed long term super bullish, ren to ten setup is invalidated if support @ $1.1 usd fails, or if it doesnt play out by end of month (feb)
Approximating the top based on long chart trend line + timing of halving cycles / previous ATH break in relation to the top of current cycle
watch for break of $3 resistance level, if we see a S/R flip, push towards ATH next
textbook TA, beautiful setup
possible scenario on ETH, looking for a rebound in the green zone to lever up
if Zcash breaks recent high, trend reversal confirmed, expecting omega-pump from there
big price resistance zone, macd histogram showing weakness, & we are back up to the price where we saw huge selling volume previously.
Corporate debt is overvalued, propped up by the Federal Reserve Bought some puts expiring end of May, hopefully the timing is right Short term bearish, long term FED is op / not worth tryna short it to the ground
chart says it all, resistance zones are experimental. expecting liquidity shock to resume, increased demand for USD hence people selling their crypto, all correlations increase closer to 1 in such a scenario - even "risk-off" assets such as gold or bitcoin (arguably) would crash short term. just an idea, everything is uncertain especially right now. long term I...