FrankJia

FrankJia

Either trend is possible. If we have a lot of FUD in the coming days, I can see BTC falling to lower lows. However if people are still hyped about the space and pour money in, we could have a sustained uptrend.

FrankJia

BINANCE:TRXBTC has almost completed its correction. It will most likely touch the long-term trendline and if we can maintain support there, then we'll have our next rally upwards.

FrankJia

Positive price action can lead to the next rally but negative price action can lead to a significant drop. Invest with caution. BINANCE:TRXBTC

FrankJia Updated 

As referenced in my earlier post, I was afraid that the head and shoulders pattern would occur. As predicted, BTC price touched the resistance zone and is now falling back down. Be careful, traders.

FrankJia

We have a pennant that could either result in a breakout or a price gap down. However, I'm seeing a slight downward trend on the MACD plot that could indicate the latter more than the former. Keep a close eye on this. COINBASE:LTCUSD

FrankJia

We have a HS pattern on the 1 hr chart with possible resistance at the indicated level. If we break through the resistance we can probably see a new breakout to previous highs, but if we can't then we might retrace to lower levels.

FrankJia

BTC broke the trendline in a bullish manner. Let's see if this brings good news COINBASE:BTCUSD