Candle pattern has horizontal structure as RSI is increasing Mac D remains in a bullish uptrend A daily close above 381 sats would be lit.
The time difference in fractals is on average a 6 day difference. If history repeats, XRP is wrapping up its bear cycle within the next month. I'm bullish on BTC there for I'm Bullish on large caps in the coming months. I'm not much of a fundamental analytic but this is one coin I would not own spot. I will be finding long entries on bitmex over the next weeks and...
"Bear flag and Resistance trend" From only looking at candles my guess is we breakout of short term resistance trend, make contact or get near the top of the flag then break down and have some hella cheap BTC for the real bubble. IPA FTW
Buying on long term trend support I do not have any stop losses other than a serious break under this trend line I plan on holding this asset for a long period of time since i believe the team will make cloud storage more affordable then the current options(apple/amazon/google)
Dotted lines: areas to watch for strong reversal indications. 1st entry: $4850-5100 2nd entry: $3000-3300
A break above 598 will trigger these targets Target 1: 690 Target 2: 804
A break of this support is looking more and more likely as were coming towards the weekly close. If LTC bulls cant rally out of this zone levels to buy are: with higher risk $90 and lower risk entry at $65-70.
I'm not the biggest fan of fractals just curious how this one plays out. ETH outpacing BTC seems unlikely.