The daily RSI is now even lower than it was at its lowest point during the May crash.
I feel as though this makes more sense than the previous fractal I uploaded.
The bollinger bands on the 2day have been pretty reliable determining local tops and bottoms for btc. Currently sitting on the bottom range.
Broke up from falling wedge, price target: 66.5K Testing neckline for inverse head and shoulders, price target: 63.3K Breaking the inverse H&S Neckline now would also put us back above hourly EMA ribbon.
Falling wedge on the 1hr. These smaller patterns are less reliable, so take with a grain of salt. target is just over 66k if we break to the upside.
Attempting to break up from triangle consolidation. Money flow flipping positive. 71.2k price target.
Bitcoin perfectly hit target for bullflag on the 1hr time frame.
Ethereum could be looking to make a quick move to 4900 once we break this bullflag.
Waiting to see i we can realize 260 double bottom target. Also currently consolidation in a bullflag.
Bull flag on the daily. 80k price target. Currently we are testing the top resistance line as support, waiting to see is breakout follows
Back testing the inverse H&S neckline. Still heading towards triangle breakout target.
Bull flag breaking on the 4hr. Just have to see if it gets confirmed.
Cup and handle on the daily. Neckline has already been broken and confirmed as support.
Vwap crossover + moneyflow crossover + trigger wave. Not to mention we were running into support.
Solana in inverse head and shoulder and double bottom set ups.
Double bottom for eth. Just have to see if we break neckline.
Technicals should be taken with a grain of salt because of the nature of this coin, but they do look good on the hourly timeframe.