Long term well have to wait to see where the triangle breaks,
0.618 fib coincides with the trendline from ath, if sc is able to break through it will moon if not, it will see 0.2xx levels again
If it is going to continue upwards, it will need to consolidate sideways until the stochastics will be reset, and then an entry can be made on a crossover , if this is the end of the b wave, then pulling out now would give us a better entry later, which will again be indicated by a crossover.All of crypto is making such a pattern, the direction of which will be...
If this is a ABC correction, then we can target 28 cents, if not, this possibility will get invalidated arbove 37 cents, wait for reaction at 37 cents and then decide accordingly
whales are fighting, selling off sharply near the down trend line and buying back strongly at around 6.4k the shorts are at an all time high and the sentiment is as bearish as it can get, if whale wars can get us past the trendline sideways, even, then closing shorts will complete the bottom formation and give us enough fuel to go to the larger downtrend line,...
if the trend is broken it is reasonable to expect some upside here, not gonna jump the gun and start screaming new ATH tho coz market will only start running like december if sentiment changes all across the board, and if bitcoin bears panic and start buying, however in the next 7 hours we will get a clue of what to expect for the rest of this year
looks like the alt nuclear winter could be coming to an end? however trade with caution to avoid being bulltrapped , wait for a retest and a higher high and higher low pair before taking long trades
look for breakout from flag, roc confirms bear, target 3000 sats
broken out of flag, eliott wave confirms wave 5 is coming, target1- 4.9k sats target 2 6.5k sats
stellar is clearly making what looks like a bullflag on the daily, news from either stellar themselves or fairx.io should be able to cause a breakout, potential profit is around 100-150% , after the monster run from 0.25 cents to 0.91 cents this accumulation should be classified as bullish and as such is liable to break up when breakout occurs
local downtrend seems to be broken, if bitcoin rallies it will break downtrend and go to the top of this wedge