The bitcoin price is forming a triangle pattern with a breakout deadline on Monday. A breakout on Monday would be ideal as volume could be very high and the move could be very aggressive.
BTC is forming a bull flag as of now which is a consolidation pattern. The price target for the break out would be around the 76k mark. Personally i expect the break to happen before the end of friday.
Btc is forming a bit of a triangle on the 1h chart. If it breaks up the price might head towards a new ATH, however if it breaks down i believe it will only go as low as 69k to retest the new support before heading to new prices.
The XRP price has been forming a triangle pattern on the weekly chart. The pattern has been forming since 2018 and it is clear that the price as well as the RSI is being squeezed. There is still a long way this pattern could unfold over however if the BTC dominance start falling we might see a break sooner than expected. The hypothetical target would be around the...
The price of STX has just broken above the previous ATH which will probably become strong suppost for the price. Right now it looks like the price is trying to retest the new support and if it bounces that would be send the price into price discovery.
BTC has recently broken above resitance on both the RSI and price. Although this is bullish news we have seen a lack of volume to confirm this move. This would indicate that this is most likely a fake out and the price will start heading down for a bit longer
Since February a clear pattern can be noticed on the RSI for the BTC price with clear support and resitance. Today the RSI has broken above resistance which should suggest that BTC will break towards the upside from the current triangle pattern formed on the price chart. Although this should be a clear enough clue to what way the price will go in the coming days,...
