Waiting on breakdown of daily support and retest for long term short opportunity on ETHUSD. This also lines up with the overall downtrend line. I'd only be looking for long opportunities if there is a break out of the trend and resistance level.
EOS currently holding at a level of daily support in a consolidation box. Price has not been this low on EOS since 2017. Looking to possibly take a long from the bottom of the box, or possibly a short pending break and retest of current daily support level. Also EOS looks to have broken out of 2 long term downwards channel - but there still does not seem to be...
ADA currently recovering price. There is a resistance level around 873 that would also line up around the 61.8 fib level. Depending on the momentum and candlestick analysis I will be looking for shorts around that area if it makes it that far. ADA has had over a 50% push in the last couple weeks and is probably due for a proper correction.
Descending triangle on XRPM20. This is a bearish pattern so could see a break downwards to 2000 support level. However XRP has had quite a drop already, maybe it will break upwards out of this triangle and show signs of reversal.
EOS in an upwards channel. Is it a big bear flag though? Looking for a break in the channel for a short back to previous structure or possibly a long back up to the top of the channel.
BTCUSD working itself into a squeeze. Looking for a break and restest in the trend line to go for a short, or a close above the 10000 resistance for a long opportunity.
