BTC.Dominance and BTC / USDT (Binance) the current state of correlation between Bitcoin and its dominance chart is very tense and I expect a significant market movement soon. I will start with the BTC.Dominance chart, where I follow the pattern (bullish pennant), from which we expect the impulse to move upwards. In practice, this could mean a shot towards an...
Keep an eye on CHZ next hours... May be preparing another leg up , 3H MACD + histo bullish , BK making support above the trendline. Volume rising up in APEX of the bullish pennant .
XRP/USD looks very bullish last days . I thought there will be a dump after touching resistance trendline and 3D MA231. The Ripple breaked the resistance and confirmed as a support . Weekly MACD bullish too , RSI in a uptrend. Be careful next days FOMO may BEGIN
EOSBTC looks pretty bullish last days. Having bigger impulse on the pumps . More likely going to breakout the 2year bearish resistance trendline . RSI already broke up the downtrend . Also i like the bullish structure on 1D where we see a breakout out of cumulative triangle . Volume is not so good but i highly recommend to spectate fundamentals around EOS in next...
REN / BTC (Binance) - I'm sending you the Christmas Forecast as a selection of dozens of charts I've gone through today. Even though some altcoins record smaller impulses, I I do not want to jump into them immediately for one simple reason ... Dominance has barely moved since yesterday and there is no sign of decline so it can only be retracements within the...
ENJ/BTC after strong fundament formed pattern bullish pennant , which is known for a bullish breakout out of it. I really like how the consolidation confirming BK231 as a support at 1D candles and the volume is moving down to the apex . RSI is ready for a bigger move and MACD + Histo showing first buys at 4H . First 2 sell levels looking very possible if bullish...
Still waiting for BTC to decide if we go UP or Down but XRP seems to be decided for now. The volume is still missing but we see a breakout out of last falling wedge with konsolidation at the strong support. You can wait for confirmation of the trendline or volume gain but may be a nice day trade out of it . Also a graph XRP/BTC seem to be ready for short term...
The longer i look at chart ADA to BTC the more i have to think about potential breakout out of correction and probably finally chance to start a new trend. We saw big dump / recession which lasted almost 2 years , now we can see a slow consolidation / accumulation at the bottom of the charts for few months and contiuously gaining buy volume out of BULLS . Pump -...
It seems like Highcaps/BTC found their bear run bottoms and after few months consolidation moving dangerously close to resistance trendline from the start of THE BIG CORRECTION! As we know from history EOS like to pre-start big moves for market and it may be also this time , when EOS begin new trend by huge parabolic PUMP . Here is the 1D chart , where you can...
IF BTC stays in the symmetric triangle,which is continuation pattern ,the price will dump into bottom trendline of big falling wedge,in few weeks we get the 0,618fibo retrace of whole cycle. In that zone i await big push out of bulls and break of the 4months falling wedge pattern,which is bullish pattern and heading up to 10k again
EOS will go for retracement into signed green zone after bearish divergence . If BTC won' t dump will EOS continue untill BIG resistance trendline of BIG falling wedge tracking from the beginning of correction .
Eos will continue with bullish momentum in Rising channel to the top resistance trendline .
IF LTC breaks out BK77 4H ,will continue in channel , if the BK push him down will go for longterm support 50$(0,786fibo + psychology zone)
ETH will not break the BK 77 4H indicator and will continue in red falling channel to support zones.