After yesterdays call on ETHUSD our eth trade is thriving. It has broken out of the rising channel (Please look at my previous post on ETH) I'm going to let this run , january is very bullish historically for eth and the ETHBTC chart has also printed a reversal with a double bottom. Hope you guys took the call and are in profit.
Looks like ETHBTC has bottomed this could be the start of what we call alt season!
Eth looks amazing and is forming higher highs and lower highs. I expect this to reach our target of $790 within the coming days. Eth has historically had it's most bullish pumps in January and I expect this month to be no different. BTC HAS TO GIVE ETH/ALTS SOME SPACE, SO THEY CAN MAKE A RUN
Could it be this easy? Ada looks good here, my first target is the 0.22 range
If you saw my previous DOT analysis u would see that I called the breakout and a retest of ATH (Please check previous post) Dot has gone as planned and has made a new all time high IM LETTING THIS RUN A LITTLE FURTHER BUT ALSO TOOK SOME PARTIAL PROFITS OFF THE TABLE I hope you all followed my previous call and are now taking some profits off the table
ADA has broken out the symmetrical triangle and has retested it successfully I'm looking for continuation here towards $0.20 Btc needs to stay stable, no sudden moves
Link has some hurdles to clear but the volume needs to step in. Contingent on btc I expect link to move here soon. Decision time!
I'd be very cautious here, these are technically bearish wedges. Keep a look out for the break of the bottom line on the wedge, retracements are healthy and I for one will be picking some up if btc drops
ETH has flipped $740 and has been ranging here , it has formed an ascending triangle with a target of around $800
As expected DOT hit the target of $8.60 My previous post was just before to the bull flag break out Please look at my previous posts for clarification If you took the trade awesome I'm taking some profits out and leaving the rest to run Have a great new years guys!!
Link is forming a descending triangle on the daily and this does not look good. Bulls have to step in very quickly or this could get ugly fast I'm a huge fan of LINK but this is starting to worry me. I'll be updating shortly keep a lookout
Could it really be thjs easy? DOT is in price discovery and is forming a bull flag with a target of around $8.60 BTC has to stay put, volatility is a nightmare for alts so bitcoin has to behave here
Eth continues its strong push forward forming higher highs and lower lows. $800 is very likely on the cards if BTC can behave
The target of the descending triangle is around $0.15 I'm still very bullish long term on ADA but this could be a great place to fill in some final bags.
DOT looking really good going into 2021 off the back of the news of binance support. I expect this to range a few days here before ATH
Ada has broken out of the symmetrical triangle and has SR flipped the all important $0.17. ADA looks great going in to Q1 2021 and I expect big things from this coin. $0.20 is a psychological area and if we can push through and break that we could see $0.25 within the coming weeks.
This is usually a bullish sign when ranging under previous resistance. I am looking for a SR flip of the orange line on the 4hr and then ETH will continue to its next target of $790 to $800 area