Bullish pennant definitely forming here
We have had multiple similar bullish formations on the BTC chart but they haven't really pumped with any volume and have gone up 1k, down 2k, then back up 1k, has been very sideways tending around the 36300-36700 level
If this breaks it could be mega, lines up almost perfectly with the 2.618 from the 2017 top to 2018 bottom - around 47K
Some alts r very strong though, as previously shown:
LINK
NEO
Also:
ADA
XLM
VET
CHZ
REN
KSM
SRM
1INCH
DOT
SNZ
This list contains a good few of the fundamentally strong coins that are performing really well and will continue to do so across the coming months
Simpler trades can be made using the 4HR TF and 1D TF where you get confirmed closes and retests above the key SR levels!
Currently, coins will give nice pushes from these levels and hopefully give us some profits!
Just be weary if this breakout does happen for BTC - alts may stumble and in many cases drop!
We have had multiple similar bullish formations on the BTC chart but they haven't really pumped with any volume and have gone up 1k, down 2k, then back up 1k, has been very sideways tending around the 36300-36700 level
If this breaks it could be mega, lines up almost perfectly with the 2.618 from the 2017 top to 2018 bottom - around 47K
Some alts r very strong though, as previously shown:
LINK
NEO
Also:
ADA
XLM
VET
CHZ
REN
KSM
SRM
1INCH
DOT
SNZ
This list contains a good few of the fundamentally strong coins that are performing really well and will continue to do so across the coming months
Simpler trades can be made using the 4HR TF and 1D TF where you get confirmed closes and retests above the key SR levels!
Currently, coins will give nice pushes from these levels and hopefully give us some profits!
Just be weary if this breakout does happen for BTC - alts may stumble and in many cases drop!