Previously shared a potential Cup and handle chart for ETHUSD. The cup and handle pattern was invalidated but a breakout has now occurred from that range
ETHBTC falling wedge breakout will be confirmed by daily closing. First breakout target 0.039 BTC ($2300)
This is the monthly chart for BTCUSD (Bitcoin) which shows the bulls in full control.
First, we use EMA10 as a gauge of bullish/bearish potential for any altcoin trading pair.
Above EMA10 for us equals bullish.
Below EMA10 for us equals bearish.
Right now, Bitcoin is trading safely and strongly above EMA10, keeping the potential towards the bulls.
The...
BTC has emerged to be the Alpha of crypto market industry. After making higher high, BTC is unable to sustain $60,000 level. This level has been tested multiple time and it seems to be that the momentum in the market is getting low. On daily time BTC is sustaining above 200 ma but it has failed to break the highs and according to price action pattern we can...
The trend line is acting as a major support to the bullish trend of LTC.
At present, if you have any open trades, just book your profits and take an exit.
Entry- $224-225
Targets-
short term- $236
mid term- $239-$242
this is my opinion.
COMMENT BELOW IF YOU HAVE ANY SUGGESTIONS.
THANK YOU.
An unmistakable inverted head and shoulders pattern is developing on daily, which is to be confirmed by a breakout past the neckline at 59000 accompanied by a surge in volume.
Target from this breakout roughly corresponds with 1.618 Fibonacci extension level of 67000.
If you didn't see my previous idea on singulardtv, here is the link. This coin has already given 3x returns in a couple of months since my last idea shared on it. The potential is still huge and can give massive upside movement in the coming few months. The previous idea was SNGLBTC and this is SNGLUSD, both will give the similar results almost. Invest accordingly...
