Vet/Eth has had some pretty massive swings, and has been a fairly reliable oscillator historically, and is looking like it may be ready to make a move fairly soon. Also each of the last three highs have all been higher than the previous one.
Not a bad looking setup starting to develop here on DOT
Enjin coin looks to be nearing the top of the ascending channel and also the top of the larger broadening ascending wedge. It's also at a point of previous support turned resistance. For these reasons i think it could be due for some retracement soon.
Vechain closed above the ascending triangle on the daily. Looks like it has some room to move higher.
I don't have a lot to say about this. The channel wasn't my idea i saw someone else post it on a trading group, but I thought I'd share as I think it's a better fit than the rising wedge many people are drawing now as it suits btc's current trajectory better in my opinion, and leaves out the high volatility that followed from the March crash. Also we already fell...
Possible Falling Wedge Pattern forming. If it were to play out it could be short term bearish but a big move up in coming days
Is this just a shake out? Does the existing broadening descending wedge hold as support? Or are we in for further decline?
Too soon too tell if this would play out obviously but just a possibility. would want to keep closing above the resistance turned support of the top of the ascending triangle at that 6k-5.8k level and preferably maintain above the ascending trend line as well. The fact that these two support lines are there is why I thought I'd share this potential cup and...
Will bitcoin hold above the ascending triangle/ resistance turned support? Also holding above the 20ema. Bit soon to be looking at this but it is possible cup and handle reversal pattern could form.
Potential Double Bottom Forming on the total Crypto market cap excl. BTC Interested to see whether we will close the week above the 300ma (blue line) After Bitcoins low in December 2018 it was the alt coins that rallied first. Will it be the same this time or perhaps they rally in unison.
As we can see the head and shoulders on Bitcoin played out and we had a cascading long squeeze effect that broke through the 200ma weekly, the descending broadening wedge, and the larger symmetrical triangle. Call me crazy but I don't think this crash is a bad thing for bitcoin overall as I believe too much volume has been on leverage platforms and not as much...
Bullish. A close above the 200ma on the weekly would be more confirmation.
The narratives been shifting from a bitcoin bias to a lot more talk and hype of altcoins lately. I think there's more expectation that they could outpace bitcoin leading up to, and post halvening, until bitcoin begins it's next real parabolic rise. So far we've been seeing many alts keep up with or outpace bitcoin and also many bullish indicators, some like...