XTZ is making a swing back to the upper resistance. Let's see if it will break there. If it does it will probably test the ATH.
Bitcoin is dropping hard, but there's a big chance that it will complete a giant head and shoulders pattern because the tip of the right shoulder alligns with the long time trendline up. Watch for reversal signs around 7300-7250!
BTC reached the bottom of the downward channel and we can see it bounce back up. Price will go up for now, but keep an eye on it when it reaches the upside. The correction might not be over and there might be another leg down.
Personally I don't like this coin that much, but seeing this made me change my mind for now. BTG can reach 27,5 in a matter of days or weeks. The thing is that BTG depends very much on bitcoin, so wait for bitcoin to jump over 10.500 first.
A clear ascending wedge is forming, so before bitcoin can continue it's third leg up, we appear to go down first. Take your profits and wait for the reversal back up.
Could this be how we'll proceed? We go lower to 5600-6000 and then back up!
I'm just a noob here, can anyone tell me if this pattern has a meaning?
The bears are done. Look at the lower red volumes :) Target 20.000!
Will ETH be able to smash through the wall of the downward channel or will it bounce?
On the four hour chart. Target around 11750?