ZRX is forming a ascending triangle on the 4hr chart, which is a bullish pattern. on the 4hr chart ZRX was respecting the 200 EMA - however since breaking that, it is now respecting the 50 EMA on the 4hr chart. As we have hit the bottom of the ascending triangle its a good time to buy & lock in them profits. if we break to the upside of the ascending triangle 1st...
ETC has formed a bull flag on the 4hr chart which it has just broken to the upside, we have now hit a major resistance level which is at 1734 sats zone. If we break this resistance, look to buy in and take 1st profits at 1809 SATS, Or HODL as this is a great place to buy as its so low! if we do not break this resistance we could keep on ranging for now.
ADA/BTC is currently forming a bearish pattern "Rising wedge, be ready to SHORT it. wait for confirmation before shorting. I expect it to drop to around 1241-1220 SATS.
SUP GUYS!
BNB forming a bearish pennant pattern on the DAILY, MACD volume is dying, we are currently making higher lows but the RSI and STOCH are forming slightly higher highs which is also bearish. I expect I test at the support zone of 14300 SATS which should hold as we have tested it many times, however IF unable to hold this support the next stop would most...
I put this together, as ive been trying to learn charts for the last couple of days! Looking at different scenarios, Just something I thought I would share and lets see the outcome. I believe if you "long" youll make nice profit. But again remember I am very new to this!
