EOS shows strong buy volume in recent days. The price has come to the upper resistance line of the falling wedge.
I expect little correction and a break out of the downtrend line. Possible movement on the chart.
Binance is a very strong project, with a great team, now it is the strongest player in the crypto world.
Globally, the price moves in the upward channel and has now come to the bottom line of the channel. indicators in the oversold zone. Good good opportunity for longterm.
BNB continues correction after a crazy bull run from $ 4 to $ 40.
I think the price has not yet found a bottom and the BNB expects another move down. You can also see the figure of a falling wedge, the price will move to 0.618 fib and then go for a break out.
Alts capitalization has corrected over 50% since the last growth and reached a key support level of 64 billion. Also, all this fall formed a large falling wedge, which seems to be starting to break out. I expect in the near future a new up movement for alts.
My thoughts are on the chart, maybe the moon will be soon))
If we look at the weekly ETH / BTC chart, we will see the same fractals!
Last time, ETH lost 80% of the price, this time already 89%. The price moves almost the same. If you believe the fractal, ETH / BTC is almost at the bottom, if not already on it.
I think you can buy for the next bull run )))
For the past 3 months, ETH has been drawing a falling wedge. Upon reaching a key support level 166 USD , ETH made BREAK OUT and confirmed. Also once again tested the support level and formed a double bottom.
My thoughts: ETH will continue to move up to 225 USD.
Your thoughts guys?
My thoughts on bitcoin:
Now we are moving into the Descending triangle, it is a continuation of the trend. The exit from the triangle should happen before the beginning of October. Bakkt bitcoin futures set to launch September 23 this may be an impulse to exit it.
If you are not in Bitcoin, it is better to enter when breaking through and retesting, as I...