Inverse Head and Shoulder pattern for Litecoin and is going to retest a major resistance.
Symmetrical triangle on the way for Bitcoin Cash
Price action hates gap and this one will be filled. This means that DASH/USD price will reach $187.
Huge inverse H&S that may bring LTC prices to retest an important line of resistance. Litecoin has been a leading indicator for the cryptomarket recently.
A break out of this triangle pattern would be huge for Ethereum. Expecially if EMA 200 will be tested and will become support.
Elliot impulse wave on Bitcoin price action. Could lead into June with a pirce end of $6300.
Elliot 5 impulse wave + three-way upside pattern in the 1D chart of Bitcoin.
A personal idea of what the pair BTC-EUR will do during the next months. Bottom is almost in and if history is a guide, then we should expect a period of consolidation similar to the previous 2015-2016 correction.
$XAUUSD looks very promising. Let's hope that will break MA 200 resistance, turning it into support.
For what I can see here, Ripple is in the middle of an Elliot 5 drive way that could potential bring its price above 19000 sats. Let's see if it tourns out so. The more it follows these lines, the more likely the pattern will be.
A potential inverse H&S is forming in the 1D chart.
The following is a major line of resistance that needs to break first and then tested as a support before the next bull cycle can begin. The actual inverse H&S will take the price action to test it, and since a year ago has been proved as a strong resistance line. And guess what? It coincides with the MA 200 on the 1D chart.
Here's what you have to watch if you're interested in $ETH now: Ichimoku + blu line of resistance.
According the VPVR there is a window of limited price action between 0.05 and 0.06 cents. Ichimoku shows a potential 0.069 target, but as far as for now a confirmation inside the cloud will mean an exit on the other side. Moreover, it seems developing the third wave of a Elliot 5 impulse waves.
Pay close attention to this triple test on the XLM/USD daily.
The way the count will play out, we could likely see $2600-$2800 before the major bounce. There is a possible count where that could be our bear market bottom depending on the bounce.
A potential inverse H&S pattern could bring Litecoin price action up to $70.
High oversold, falling wedge and momentum approaching.