reiwell
A classic one. Man on a Boat. A Man on a Boat. A Man on a Boat. A Man on a Boat.
Contrary to popular belief, the DXY going on a parabolic run marks the top the same way that a parabolic run on BTC marks the top.
ETHUSD looking bullish. This is also confirmed on the ETH/BTC chart
You snooze you lose. SCRT is the native coin of the Secret Network Network Blockchain which is capable of programmable privacy. i.e. Private Smart Contracts.
Where could this take us? The funding has been accumulating for months now since the last crash, very similar to the Covid crash. Retail seems to be betting on another dump, but of course we all saw what happened last time.
ETH is right above the support of the last level price was suppressed.
The EMA RIbbon has flipped bullish. Its been 9 months since we have seen this trigger. ETH also also flipped green.
The Bitcoin price action now finds itself in a downward pressure inside a Descending Triangle. Traditionally a bearish pattern, however in Bitcoin charts they do sometimes tend to break on the upside. Clearly there is a stronger sell pressure right now, but so far every time Bitcoin does these mini-consolidations, it rallied to the upisde. It presents itself...
ETH Higher Lows consolidation after a huge down trend, possibly forming an ascending triangle is one of the most powerful patterns of reversal in crypto especially now in a bulltrend. Keep a watch out on ETH!
This looks way over due. Falling wedges historically have been a very good predictor for BTC. Now it's a matter of: will we see another surge down to form a bigger broadening wedge or do we break up from here.
Touched the support again. If it breaks under, it could be a long way down.