On 4 hour chart "negative" momentum is clearly decreasing. It's about to break major resistance and reverse to the bullish trend. My short-term targets is: 10500-11500 sat. Longer-term: 13000-15000 sat.
As we can see, salt clearly broke the resistance of falling wedge. Support at 31k sat held nicely. I don't think we are going to break that support, so we are never going inside the wedge. I think we will move sideways for a while just like bitcoin. Then, when the some volume is going to kick in, we are going to see a breakout. My targets are fibonacci...
Let's see if bitcoin will be able to hold the uptrend or at least hold above support line.
If Bitcoin closes above green support line, then double bottom will be confirmed, which is a bullish signal.
The trend line is currently intact. Bitcoin still holding above support line. I don't think it's going to get crossed any time soon.
BINANCE:ICXBTC Is clearly following 15 day moving average. We found support on that MA many times and now it's acting as a resistance. I think once we break that resistance, we will see nice uptrend.
It looks a lot like falling wedge. We might revisit 31k sat again. If price stays 30k then we might see the breakout, I believe. Unless bitcoin drops dramatically.
MACD crossing, RSI oversold, CM_Williams vix fix indicator showing potential bottom. Plus we are at a major support line of 2.5k sat.
I think unless we go bellow 8k, Bitcoin definitely will hit 13k.
On Binance ( ETH/BTC ) in 1 min time frame nearly 2k ethereum was the volume... Price dropped from 0.82 to about 0.71, and then it jumped back to 0.82 . Because of such things I never set a stop-loss. Anyone knows what happened there?
Its a great coin and its still keeping upwards momentum. Its getting squeezed in triangle. Now we have a nice pullback and we might see breakout in following days. Plus bitcoin had a dip and omg just followed it. Every time bitcoin rose, so did omisego. I think if bitcoin goes to $10k, we might reach 0.0017 . Please tell me what you think in the comments.
Support line is ascending much faster than resistance line. I think it might hit 0.0018 in next week.
I think its going to go up because of the very common Symetrical triangle pattern.