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 = Bullish, but consolidating (LH, but HL)
Notes:
- Forming symmetrical triangle on the 1H/4H
- D1/W1 support holding nicely
- Symm triangle breakout could coincide with breaking W1 resistance
Ideas:
- If symm triangle breaks up and we break the W1 resistance I'm expecting continuation to the upside
Daily resistance above the weekly should pose no issue in that case
Trend = Bullish, but consolidating (LH, but HL)
Notes:
- Forming symmetrical triangle on the 1H/4H
- D1/W1 support holding nicely
- Symm triangle breakout could coincide with breaking W1 resistance
Ideas:
- If symm triangle breaks up and we break the W1 resistance I'm expecting continuation to the upside
Daily resistance above the weekly should pose no issue in that case