BTC chart has shown a previous switch to the short term bear with long-term bull. This recent push is believed not to be a rally but a minor push before a small pullback before the next move.
Please let me know your thoughts / Ideas. Personally mostly holding with a short term Grid bot to buy the dip.
Overall it looks like the market is bullish moving upwards...
Looks like ETH is forming a bullish continuation pendant and price could continue on the upward trend soon. While it's doesn't form the perfect pattern what do people think? Is it too loose to be a good signal, or is it worthwhile keeping an eye on?
From looking at the recent tends on the 4h it appears that Ripple is forming a loose Bullish Three-Drive. The Fibs don't quite match the 0.618 and the 1.272 unfortunately. What's everyones experience with this? Having the fibs not lined up exactly does this make it void? Still looking for the Kumo breakout but just looking for additional support.
Cheers.
On the daily time it looks like it could potentially be shaping up for an Elliot wave, top of the wave is set to 1 with the fib trend tool which puts the price up near $500.
I haven't had much luck with Elliot waves on 4hours before but I am more hopeful on the daily.What are your thoughts?
Based off the slightly over sold market and the distance between the price and the kijun-sen I think we will see a pull back before another rally. First time publishing an idea. What's everyone's thoughts?
