GREEN: Breaks resistance and pushes towards $3200.
RED: Breaks support and will target $2200 range.
YELLOW: Consolidates in the channel and trends upwards testing the supports and resistances on the way.
BLUE: Bear trap, so it breaks support and quickly returns to the channel. As seen recently from Bitcoin.
Ada has currently formed an ascending triangle on the daily!
I believe if we see a happy Bitcoin, Ada could be a huge winner for June and this will be one of the best performing assets at the end of the bull run (expected to end later this year or mid next year)
Ada could retest the bottom of the triangle then shoot off or just shoot off now!
With Bitcoin forming higher highs and higher lows a break is soon to arrive with 2 scenarios.
Green Scenario: It breaks resistance and goes towards 47k.
Red Scenario: It breaks support and goes towards 32k.
BOTH scenarios are bullish
Red scenario would form a triple bottom which is bullish.
Bitcoin options expire in the next couple of days, so a huge...
XRP is currently in a symmetrical triangle meaning it’s very volatile and will experience many touches of the supports and resistances.
Xrp will breakout out at anytime before mid June according to this, but what happens before mid June though🤔
SEC SETTLEMENT AND BITCOIN ROAD TO ATH CARRYING ALL ALTS WITH IT
THIS WILL BLOW AND SHOOT PAST ITS ATH OF $3.84!!
Even though head and shoulders patterns are bearish, I remain bullish on TEL. With all the upcoming news this will be a game changer.
Will potentially dip a small amount more in the very short term however this will be one of the top gainers of this epic bull run!!
After an amazing run to $175, ETC is in a period of consolidation with reduced volume and has formed a strong support at $80.
IF Bitcoin descends even lower to 46k, ETC will most likely retest the strong support.
HOWEVER I believe Bitcoin should breach its current resistance line meaning ETC will continue its next leg up and form a breakout!
TARGET 1 $180
TARGET 2 $300
I believe XRP will breakout within a few hours, RSI and MACD looking good✅
Expected to breakout to $1.84 then push towards $2🚀
If it fails (from my perspective unlikely but anything can happen) it will find support at $1.5 then crucial support at $1.42📉
Fear not however and HODL strong🙌💎
*NOT FINANCIAL ADVICE*