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From the chart you can see that we are possibly making an ABC correction back to our initial area of interest which is the $42,500 level where there are multiple confluence!
In the mean time, we can take advantage of this correction and enter SHORT after the break of the trendline and ride it down to the completion of wave C where we can look for major buys!
We posted OMG when the bullflag was being created and since then, it has gone up by almost 50%! Watch out for price to come back to trendline or bull flags on smaller timeframe to take this even higher!
Bitcoin broke out of the ascending correction and gave us a nice bear flag. Could this be a bigger correction to 50k where we could look for a nice buying opportunity? The 56,000 level is where we should aim our focus and to see whether it breaks or not.
From our previous Bitcoin Cash analysis, we were expecting a major push to the all time highs (ATH). We now have that push and we're expecting a break of the ATH. Looking for momentum to break the top and then correct back to the ATH for a move higher. Keep a close eye on this!
Stella has recently broken out of a correction and is now in an ascending channel reaching an area of interest. Watch for bull flags on the smaller timeframe and enter on breakout. An area to keep an eye on is the 0.600 level where price can possibly react.
There seems to be no slowing down for Binance! Keep on finding reasons to go long. Bias will change for the short term when the minor trendline breaks.
Watch for a retest In the area indicated.
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Bitcoin cash had multiple opportunities for us to get in. Simple corrections leading to breakouts! Ride this wave back to the previous top and even higher.
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After the massive impulse move we had, price needs to correct and get more orders in before making another move. The $2600 level looks to be the ideal place of entry for buy at the moment. Watch for price to reach that area correctively and show buying pressure.
Bitcoin looks to be in a correction now for a move lower. We can see the 50k holds significant weight and it would be the best place to buy! As more and more companies are starting to incorporate Bitcoin into their payment service, it would be best to remain bullish on Bitcoin. This is why we are trying to find the best place to buy Bitcoin and HODL!
In our previous XRP analysis, we were awaiting of the descending bullish ABC correction. Price broke out aggressively and has been creating corrections on it's way up.
Watch for price to break out of the current flag and tag the previous top and then go even higher!
Ethereum is one we must watch closely. To find out what's next for Eth, watch for flags, either bull or bear. Ideally we'd want a bear flag to take us back down near to the channel support and 100EMA which has provided us with dynamic support.
Alternatively, if we see a bull flag or an ABC bullish correction, we can take this higher and past the limits of the...
Bitcoin is now approaching one of two important levels where price could reject and bounce higher. 50k has historically been a really important level for Bitcoin and we may see buyers fend off sellers when it comes to 50k.
Watch for lower timeframe reversal!
Doge has been giving us multiple corrections and now we can clearly see that we are in a major symmetrical triangle after coming from a bullish impulse, which means the next major impulse will be sending us to the Moon!
We are currently in a small bullflag. Watch for that to break upwards!