After clearly respecting uptrend, price formed bullish wedge atop previous ath levels. Price broke down trend consolidation as well as middle zone, and is headed to new all time highs. My target profit is located at 1.618 fib level (highly respected level among cryptos). Perfect time for entry imo!
eth has been forming an ascending wedge pattern, retesting ath area. If we get a break it will most likely be big and come near the Daily candle close. Currently losing momentum/ bearish divergence, but with BTC being above its ath im expecting eth to follow here in the coming days - week or two max. Fib levels and market cycles are how we are setting our target profits.
RLC staying on up trend line, formed downward consolidation and broke. Ranging in important support and resistance zone, waiting for break out with confirmation to catch a ride up to the 1.0 fib level. VERY solid R2R
SOL retesting previous ATH. Wanting to see a strong break (Bollinger band breakout or high volume candle closure on 8H time frame) and hold to confirm entry. Looking to momentum to be on our side as well, (Stoch above 50% level, no bearish divergence, bullish MA cross) and then we are good for entry. 1st take profit set at 1.0 fib level, looking to take profits...