Wonderful Wonderful trendline still dominating and owning $BAT ... because of it's strength, once this resistance is legitimately broken - it should become and hold as support and create a great foundation for $BAT to climb away from!
This is textbook... gorgeous ascending bullish triangle with defined support and resistance levels....
Inside the pattern the selling pressure continued to be reduced bringing about higher lows and ever slightly higher highs within a defined space.
Breakout on volume occurs to the upside as expected followed by a retest of the old resistance as NEW SUPPORT...
Take a look at the hourly here for BTC... Lots going on here with the cup & handle breakout continuation ... also in view are those 2015 channel lines. If you haven't seen my previous zoomed out chart of BTC... go take a look at them here in Tradingview so you can see them zoomed out.
XRP back above the all important SPILLWAY trendline and forming a nice bullish consolidation pennant. We should be returning to the .70s soon. This climb is MUCH MUCH more sustainable than last weeks nasty and unfortunate pump and dump (which we made a killing off of)
on the hourly... nice trend... first target coming.
Telcoin was was under the radar back in 2017. They are locked and loaded and have all the regulation approvals needed tucked away. Looking for them to make a huge name for themselves this cycle.
This one could literally be a serious MONEY MAKER like LEND (AAVE) was.
Here's a Daily Chart - you can see the channel she's currently riding as well as the horizontal resistance levels from historical support/resistance areas (supply & demand) That's really what support and resistance areas are: Supply & Demand areas.
Another zoomed out monthly chart - this time for ETH. First target here is $2k but note what happened when ETH traded above this line in 2017. This will happen again this cycle. $2k is just the beginning
Wanted you guys to take a look at how I love history and long lines. Currently the top channel sits at about $55K for bitcoin. I do believe Bitcoin will eventually shatter the upper level as it did in 2017. But even if it didn't... well you can see just how high this channel goes!
Its interesting the price levels you can see even when you go way back into a...