To keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome.
Trend = neutral/bullish. Just had a MSB (LH after HH) that formed a bit of a wedge.
Broken out to the upside now.
Needs to break previous swing high to gain full bull momentum again.
HL are confirming this, decent volume
Notes:
- Did not drop a lot after the BTC run to 40k, showing strength (might be because USDT pairing)
- 'Wedge' broken upwards, looking bullish
Ideas:
- Close above W1/previous swing high would be good spot to pick some up, if volume remains high
Trend = neutral/bullish. Just had a MSB (LH after HH) that formed a bit of a wedge.
Broken out to the upside now.
Needs to break previous swing high to gain full bull momentum again.
HL are confirming this, decent volume
Notes:
- Did not drop a lot after the BTC run to 40k, showing strength (might be because USDT pairing)
- 'Wedge' broken upwards, looking bullish
Ideas:
- Close above W1/previous swing high would be good spot to pick some up, if volume remains high