to shift from downtrend to uptrend, we should see BTC breaks above the strong resistance (indicated on the chart) retest the support and break above the previous resistance to form a HH trajectory another note, there is an invers correlation between the US dollar and BTC, as long as the US dollar remains above the 1077 level, we are in uptred.
RUNE was in multi-month downtrend, and depending on how you would draw the trend line, we saw two breakouts on 4th of Feb and 28th of Feb. For RUNE to confirm the uptrend, we need to see it breaking above the 7$ mark and remain above 6$ Breaking below the 3$ is breaking market structure, where the next support level will be around 1.5$-2$ Not a financial advice
I am going to make a bold prediction for XRP, based on the bullish formation and previous history, I believe that XRP will hit the 8.7 mark early next year as long as it stays above the support level. I highlighted some key dates and the price level I expect XRP to be at. This is only a prediction, and no one can see the future (including me) – and as always,...
KSM formed a bear flag on the 4HR timeframe. I believe that if KSM breaks below and closes below the 115$ mark, we should expect to achieve the targets marked on the chart And as always, not a financial advice
Apparently, BTC respects the formation of H&S as highlighted in the previous published idea ( ) Currently, BTC is forming inversed H&S, if the formation completed successfully and we saw a break above the neck line (scenario 1) I believe that BTC will turn bullish and Bulls will gain control again In case the formation didn't complete and we saw a break below,...
In response to the idea published by @AlanSantana There isn't much data to analyze on OMG as it is relatively new coin (not like BTC), however, OMG seems to be in a bottoming formation. the pattern that OMG currently forming is similar to the one that was formed back in July last year. I believe that the chart is self explanatory And as always, this is not a...
Waves broke the resistance at roughly 13 dollars, and now its forming a bull flag. Scenario 1 - If WAVES managed to break above the resistance line as highlighted, then and on the balance of probabilities, it is expected that wave will reach the targets illustrated on the chart Scenario 2 - If waves failed to maintain the support and broke below, I don't see...
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Not a financial advise - Please do your own research and due diligence