romnegrillo

romnegrillo

Before the start of the rally, we see BTC broke out of the inverse had and shoulders, now it is forming a head and shoulders at the top. Two paths possible scenario in the chart. BTC has been rising for straight days now, I think it needs to cool off a bit. Anyways, anything is possible so manage your risk.

romnegrillo

Bullish breakout of double bottom supported by volume. Now retesting the broken resistance.

romnegrillo

SLP is forming a cup and handle pattern. Buy the breakout of pattern or pull back to the handle. Assuming BTC cooperate, we might see around 50% gain, the game is all over the news and some establishments are accepting SLP as a payment.

romnegrillo

Before the drop, we can see a huge rising wedge and a bearish divergence. Now, are seeing the opposite, falling wedge with bullish divergence. If this plays out, we may see another retest around 39-40k. However, if it doesn't we might break the strong support around 30k. We can also interpret the current price action now as a bear flag. The key is to wait...

romnegrillo

Two chart patterns were present. - Falling wedge. - Symmetrical triangle. Current price action broke up within this pattern with measured move shown in the chart. If this plays out we may see another retest to the strong resistance around 39k-40k. Donate: Crypto USDT Address (TRC20): TJcCwEqs4W6WR8wmeqj392YvRx83Ltr8j4

romnegrillo

Waiting for BTC to show direction in this ranges.

romnegrillo

Broken down trend and bullish RSI divergence in the chart. This is just a short term perspective, bearish flag still forming in daily time frame.

romnegrillo

Just an idea, not a financial advice. Let me know your thoughts, I'm not trading real cash as of now, just paper trade until I'm confident.

romnegrillo

COTI retested the support after the double bottom.