Though CRYPTOCAP:BTC went below longterm trend it still manages to hold and closed above it. Plus bullish divergence possibly forming. Retest coming to 30.6K or Microstrategy average purchased price ( based on my record). Support still at 27k to 26.4K. Trade cautiously.
Previously, altcoins formed a W pattern in 63 bars / 1124 days. 13 bars / 91 days before it hit new ATH. Retrace, then created another new ATH and altcoins cycle ends. If it repeats this, then I'm expecting Dec 2024 to retest ATH / 1.707T. Jan 2025 - March 10, 2025, as possible pullback. April to September 2025 as the final peak at estimated 5.755T...
ONE solidly breaks after pullback and now tracking a possible target around $0.038. Support at $0.023. Trade cautiously.
FWB:CHZ seems interesting. Previously it consolidates at around 570 days. As soon as it breakout, rallied for over 3100% in 35 days. Currently, on the downtrend for over 2 years or > 766 days. If it breaks the parallel line resistance, could it repeat the previous pattern and form a possible bullish flag? Hmmm, lets see. Alert set at parallel lines. Watch out....