An inverted Head and Shoulder is spotted on ETHUSD. This is believed to be a trend reversal pattern. This may take the price to $152.
ETH/USD pair is recovering from monthly low of $139. A dragon fly is formed on the daily chart to reverse the trend. This certainly takes ETH price to $150 if BTC do not dump.
Based on the present trend, BTC remains bearish until it breaks the yellow line. According to the wave analysis and pattern analysis, next bounce is expected around $6820 and it is supposed to reach $7200. Lets see.
According to the fractal and Fibonacci analysis, I think its a long opportunity.
XBT can take two paths. 12345 or ABCDE. For 12345 confirmation, it should break RED line. For ABCDE, it should break green line. In 12345, it goes UP from here as wave 3 starts. Pumping can be insane. My target for wave 3 is $8450-$8700. On the other hand, in ABCDE, it goes DOWN from here. My targets are $7050-$7400-$6900 for CDE. From there it may pump suddenly...
Bitcoin is still looking to be in a rising channel. To gain control over the market bulls need to keep the price above GREEN line and break the RED line. Let's wait for confirmation. If green line is broken then next support prices are 7070-7030-6810-6730-6500. If red line broken, then the resistances are 7800-7900-8100.
The Head and Shoulder people forgot to identify. Technical Analysis never lies.
XRPZ19 pattern says dump before pump. Dump is for short term. Its a great opportunity to catch at the dip.
KNC completed its wave 1 &2. Wave 3 is about to start.
Based on the Fibonacci levels, targets are assumed. It is not a financial advice. Only for learning purpose.
It seems that ZRX completed retracement and a fresh wave is on.
CAN YOU SEE THE FALLING WEDGE? Its a good buying opportunity.
Based on the RSI, MACD and pattern analysis, the buy zone and targets are given.