H1 has made a bearish descending triangle and expected to break down as per the markings on the chart.
Last two halvings Bitcoin found itself at the bottom of the power law corridor. That would set us up for a consolidation around 6k with a setup to shoot for $100k after the halving.
There really isn't too much to say, the chart is self-explanatory. Indicator is MoonRekt v5.
Hi Everybody, Litecoin on fire!! Huge gain over the past day, but if you're out of the market I would think about waiting for a better entry point. Let's keep an eye on the performance over the next few days but after such a massive pump, I'm expecting a small dump before we resume the uptrend. The good news is: Litecoin looking to hit $50 Ethereum shooting...