Loopring seem to be forming a Bull flag on a weekly. Prices are quite stable and holding the levels. The breakout would be huge for sure. Let's hope btc won't spoil it.
I was expecting 43-44k if 52-53k broke. That has been done. That long wick to 38k is all. That seem bottom for me. Mark it. This will bounce and retest to confirm bottom. If that holds, you known what.!
Key chart looks like waiting for new monthly candle to pop up to 0.026+
The chart structure doesn't look good, at least to me. This looks like wanna be 52-53k. This may take a bit and few alts may pop especially those that has a classical patterns formed. Google classical chart paterns. Do not be in doubt AMA.
If btc closes this week below 59k, which is likely, we see it go further down to 52-53k. If, here it bounces, we see new ath. If it doesnt, we go further down to 44-45k. Let's see how that plays out. Good luck.
Please refer to this chart and the comments on the previous idea.
Btc seem to have formed a rising wedge top pattern indicating that the bears can take over. I am looking for a support of 60000 or a 50dma/dema if that breaks 60k
As per my previous idea, this was suppose to go down. H1 breakdown per my idea was confirmed. And you see it.
H1 chart comfirms the breakdown. Horizontal line on previous ath weekly close seem to be turning out as a resistance on h1. Have around 2 and half hours to recover. If not we go south and alts goes underground 😉. As such, though many say btc can remain over brought for long on oscillators, I personally disagree.
Bluzelle in a full mood to go up to 15-20%. Only if bitcoin don't fuck around.
Bitcoin seem to be forming a potential inverted head and shoulder pattern. Watch for buy at a low of right shoulder if it bounces. Breaks the shoulder will invalidate the iH&S. So far it looks like it but the pattern can be morphed at any time.
ETH is in ascending triangle on a 3 day chart. To me, the top is not yet in. This has to go more. And it will also push BTC up just like last time.
Still trying to figure out why people are selling off. I thing because of Thursday. The trillion dollar bill. I will certainly appreciate everyone's comments on this who are bulls like me.
Seem like breaking the falling trendline. The trend to me is broken with confirmation. Now watching if btc stabalise or moves up to push this one up. Not otherwise. This is Pump and dump kind of coin. Shoots up 30%
Now that's quite visible to a noob too. The white line below is the money flow. Reached bottom indicating the sellers are nearing to finish and an impulse wave is coming up. Patients!!