Good morning BTC! Break above downtrend resistance but also heavy resistance $9500-$10000 level. May retest channel resistance.
Bye bye LTC
Still not out of the woods yet. Bullish iHS and temporary breakout outside of bearish falling wedge channel failed to get volume, which is waning - not good for a sustainable uptrend. In addition, current level is again below 200EMA. On the plus side: Holding above $8K, long-term trend line could hold support at $7k+.
Things looking good this morning, still must wait close, but trend is breaking out of falling wedge pattern with an inverted H&S formation. Wait for close and a retest.
Following failure to break resistance, we see a bear flag materialize. L-t support still $7K, if breaks, price seems due to visit $4-5k range.
Blah blah, likely retest $7k, and bounce off LT uptrend line. Hopefully breakout before, but highly doubt it. Good luck to all.