BTC WEEKLY NOT SO BAD, BULL PENNANT CLOSING TO BREAK OUT This looks very simple, any idea if this is legit or not? No idea how to expect this in terms of time. Thanks.
BTC next strong support zone around $6500.
BTCUSDT - Possible rising wedge scenario. It is not necessary to break down, however. RSI is getting a hard bounce at 70. Let see in the next moments where this gonna lead.
I have to admit XRP did very well in these days even others dropped heavily but it is forming clearly a pennant or triangle and rather a bearish trend, I am not sure here... but see the previous similar structure. Please correct me if you think otherwise - many are waiting for a breakout upward, I am little cautious with that.
So, I am making these charts to me to learn. Don't take this seriously. My prediction is this could go up and also could go low. So I am right :) So there are some signs going down, but RSI and STOCH hints upward. I know, it's a trap... There are hundreds of charts out there very serious ones. So nothing new here.
So, just observed this possibility, what do you think? Has any relevance? Back to the .618 - however all depend how the majors move.
So in my perspective this seems to be a very good entry point. Lower highs, higher lows, RSI is strengthening. Historical data shows a huge volume spike. LTC: LhAK63EVRZBoofm9eBZ3Yc6ZqaFNb7k64C
Simple fact, nothing big. NANO touched twice the .001311 zone making a double bottom. Considering the nice history of the recent days, I think this will give a significant boost. Before this it dropped unexpectedly from a wedge or triangle, there wee multibele options to interpret. Lately it seems it was more like a wedge.
NANO/BTC possible cup and handle - not a perfect cup but let's see if breakout happens...
NANO - There could be multiple interpretations, however I see a bullish pennant in this time frame. Let's see if this confirms or not. Also very nice fractal if you go closer.
ETCBTC Cup and handle, it is valid for 5 min, 3 min and 1 min scenario as well as in larger frames. So it looks pretty nice, let me know what do you think.
Based on previous retracements probably it will bounce back from the red zone, form under 0,2 fib retracement.
even if the current days are in a downtrend, if take a wider picture, i see some nice possibilities here
So, I am not trader and I don't really say I understand, just tried to check some other patterns and made a kind of conclusion here... this could be completely wrong. (Actually made this few days ago and it is since then inside the pattern.) Actually I like this crypto, I follow them and they have real potential as it is getting widely used. I don't mind to be corrected.