BTC retesting the resistance trendline it broke out through and also aligns with the strong resistance turned support $47,400. Plus 200 day MA. I am hoping for a strong bounce however Sundays after a breakout may be a profit taking day and I just hope can hold above this level to set up a strong week ahead.
Previous update ******Want BTC to continue to flip $47,400 from resistance to support, looking for far better volume which continues to be lacking, hat will see a break out of this wedge formation to show better strength*******
All of the above eventuated and no flipping $48,150 resistance to support with the break above, retest and bounce.
HBAR has been a fantastic run of late however the $0.45 level has been very strong resistance and two things can happen here, a break above could mean some exciting times ahead for HBAR holders, however another rejection could see a sharp retracement so just a word of warning and possibly an area to take some profits from the nice run.
BTC in wedge formation with trendline lining up with strong resistance at $46,400 so a break above and 4hr closed candle would be bullish, a close above $47,400 could be the sign of new highs. Another rejection and $43,700 on the cards
BTC has been rejected 3 times by $47,400 level and is now creating a ascending triangle with higher lows. Needs more volume to crack this resistance otherwise a strong rejection could see a dump down to $42,000.
Nice breakout here, with volume, RSI during the dump was at cycle low and now this positive breakout may indicate the low is done and we can move back in a uptrend heading for new ATH later this month/October.
AAVE after breaking out of falling wedge on 4hr, has progressed in an ascending channel on the hourly, looking for bounce of support trendline up to test resistance, with increase in volume maybe we could see a breakout above this channel as AAVE is due for a nice run.