BTC is breaking resistance after resistance in the last days. I'm looking for the next stop will be at 11700 as it is becoming overbought. There will be probably a retrace at 11400/11200 to accumulate force for 12500.
Bitcoin needs more volume to pass 10200 resistance. Will probably try again in the next 5/6 hours and now there's another leg down to 10700. Attention that BTC may also slide down to the lower support level.
BTC has formed a symmetrical triangle in the last hours. I think this time the bulls will be strong enough to test 12000. If so the new support will be the actual resistance. The triangle may also break down, so be cautious. This is not a trading advice, shared only for ideas confrontation.
Don't see much enthusiasm pushing BTC up over 11000 again in this movement. I think there will be another leg down before rising again. Probably on monday with more traders and capital in the market we will se BTC approaching 12000
Not easy to identify pattern in these last days as things evolve rapidly. Don't see enough volume to continue the rise. I think ETH will do another leg down to the resistance before returning to this new support.
BCH has done a big rise and big fall in the last hours. It seems finding support and starting to climb again. Will it be at 1600 again in the next 10 to 12 hours? If volume support it we can see a good rise.
BTC done a correction to the uptrend in the last days. It seems to have found support around 10400. Is the time to test 11500 again? We will see.
In the last hours BCH seems compressing in an ascending triangle formation. Will it rise strong?
TRX seems compressing in an ascending triangle, maybe this time it will have enough force to pass $ 0.055
BTC seems ready to attack 12.000 resistance. I expect a leg down and then the rise up to 12.000
In the last hours XRP seems tradin in a range. Volume is sliding so less and less people interested in this last leg. I think there will be a movement down near the lower side of this flag and then a rise to test 1.14 again
I identified a new support a bit higher than the last resistance I expect a new rise of BTC up to 10300 today
After the great rally of BTC in the last days the bulls need to recover forces. I think the new support level will be touched at 9900/10.000 and then the rise to 12.000.
ETH ha followed BTC trend in the last days, now it's moving more indipendently. I the last hours seems compressing in a symmetric triangle. Not sure in wich direction, but it's preparing a strong move
The bulls finally taking command of BTC. Looking at the force of the trend I expect a trial at 10.000 soon after a touch at 9400/9500, the old resistance now becoming support.
BTC is accumulating force in a flag for another climb up to 9500
BTC tried the second time to surpass $ 8900 without success. It's forming an ascending triangle. I expect another touch of support to 8600 before another try at 8900.