Bullflags have formed across many top cryptos. ETH and DOGE have already broken out of their bullflag formations. SOL leading the charge getting out of it's wyckoff pattern first. Some one tell me why they see a bearish scenario?
Wyckoff distribution, accumulation, and redistribution patterns have played out since MAY 10th 2021. SOL one of the first top cryptos to burst out of it's wyckoff pattern and set new alltime highs. I believe select cryptos will follow a similar parabolic pattern just like SOL.
ADA nearing completion of it's wyckoff.
MATIC preparing for it's parabolic run.
XRP...
No doubt XRP has show it has strong bullish momentum and strong support resistant to the corrections in BTC or ETH. The SEC case developments have becoming heated and are attracting a lot of attention. Depending on more big news coming out of the case, it could start it's bullrun into new ATH's.
As it approaches it's new monthly high, it's finding support along a...
ETH and more and more crypto's are beginning to rally and feel bullish momentum. We have been trending up for almost 30 days. There is a repeating head and shoulders pattern, this correction could play out like the first one on the left. Side ways action is also possible as we approach the upper bound of the descending wedge.
BTC bouncing off the resistance and about to test .786. If it finds support, and shoots through .618 it would set up nicely for a 50+200EMA Golden Cross. Going long!
