APT has formed an Elliot wave looking to head back down for a 38% retracement. The price level of Wave 4 usually acts as strong support.
LUNA has been on quite the run lately with a slight pullback. It appears that investor interests and emotions are going through a similar cycle as they were in early September. Are harmonic patterns within LUNA beginning to emerge?
SYN has had positive momentum lately. The broader crypto market will likely have a strong influence over the future patterns of this asset. A small pullback is expected here -- looking for a recovery bounce off of the lower bound of the channel.
LUNA has the potential to continue with the current uptrend, as long as volume continues to rise and support bullish momentum. Though, a head-and-shoulders pattern is starting to creep its way into the picture. Be cautious when trading LUNA, for the time being -- the chart still needs time to confirm the trend before capitalizing.
The falling wedge is a common continuation pattern for bullish momentum. Volume analysis suggests bullish sentiment in open interest. Could DOGE go against BTC, and quite frankly, the rest of the market?
Has the upcoming merge been priced into the market? Sell the news looks to be the name of the game here. I would be very cautious trading ETH in the month of September.
Economic conditions certainly look unstable for the next few months. Investors are behaving rather chaotic and speculative when trading BTC and all other crypto assets. Their actions show that rare emotional patterns are forming, those which are usually only seen with lots of retail activity. Fear and tension still remain widespread within the market; I can see...