In my vision, BTCUSDT could be suffer a retracement in 24000.00 / 25000.00 zone before resume in Bull Market!
this is a new coin, only two weeks old. but right now is looking like forming a cup and handle pattern. this is just an idea, because it is a meme coin, so i dont expect this pattern to play out. if it did, we are looking around 600% pump if break the resistance line (pink line)
Possible reversal in the short term may get us to the higher low that we need MACD weaker, 5 waves in 1h timeframe and break of the trendline are the factors leading me to think about the reversal
Some signals are pointing to KAVA as one of the alts with more possibilities to x10 in the upcoming months: - retracement from last pump reached 78.6% fib level, which means the retracement is coming to an end. - it looks resistance and support lines are well defined from bottom to peak, so there is a good chance to trade in that channel. - there is a huge...
The end of month of April will determine if Bitcoin will start a new higher trend ( buy ) or a lower trend ( sell ). The compression zone (triangle) ends at the end of April. If price breaks below the triangle zone, then expect lower prices for the Bitcoin ( sell positions should be considered - case 2 ) In the contrary, if price breaks above the triangle...