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Long term horizontal support seems to be holding. Expecting a breakout in October unless we break below 0.00166.
In short, looks like bottom is in (white lines), bullish reversal from lower lows to higher lows (green lines), still stuck under descending trend-line (red line).
BTC still needs to make higher highs, a break above descending trend-line could lead to this.
Falling wedge pattern on ZEC/BTC (Bullish-reversal pattern) backed up by support at 0.017. Looking for a breakout within the next month (Mid to late September)
ETH/BTC can be looked at two ways, either as a long term pennant set to close at the end of May 2019, or as a channel between 0.11 (Jan/Feb highs) and 0.55 (April lows).
Neckline sits at about 0.055 and at the moment, it looks like the right shoulder probably won't start to form until late August. Target-wise I think we'll see 0.1 again before the end of the year.
A clear break above descending trend line would indicate a potential re-test of May highs ($800) where strong resistance sits at around $600 and $700 respectively. If we fail to break descending trend line, will be looking to head towards longer term support from April lows around $380.
10k by july:
Green bar shows strongest long term support, I don't think we will break below it but I could be wrong. Strongest resistance shown in red, over the last 4 months they have been hardest to break. The white lines indicate in theory how early/late we could breakout to still reach 10k based on the move from long term support to 10k in early-mid April. It ...
BCH not looking likely to break trend from recent high and facing key resistance at .154. Fast descending trend line was broken at .124 where we bounced off of strong support. However, I suspect that we stay under the downwards trend and head towards support at the bottom of the channel, likely retesting .124 again.
BTC pennant from ATH is coming to a close and is looking to make some big moves. Break above descending trend line could lead to a breakout potentially pushing new highs but a failure to break downward trends could lead to lower-lows.
if resistance becomes support at 0.081, good foundation to push 0.09 by July