if bitcoin holds at this support area it is looking extremely bullish.
cardano positioned in a sideways channel. positioned as a break out of the down channel and needs to bounce here to confirm. still needs to break over moving averages to start a new uptrend. time will tell where the energy is leading.
Verge has never closed below the 40 week moving average. bull flag has been unfurled. likely next leg up will be with considerable thrust.
elliot wave projection for bitcoin at 100k. only time will tell.
maintaining bullish trend above .92 EMA and testing 1.10 for breakout a weekly close above 1.10 would be a good start to lots of green candles
view of long term price channel influences on Litecoin.
likely the end of a thorough correction. 4 long red candles. now price action is above the EMA which is looking like support. green candle perched above the MA is a great place to be as long we close out the week above the MA!
depending on the length of the sideways action, the upside has a considerable altitude. could break out today, or it could break out in a few weeks.
channels to watch for breakout. sideways channel. flag channel. break to the upside could reach $1.90. no break could lead to sideways trend.
another push through the EMA and we should see some real daylight.
pretty straight forward. support and oversold
taking this trade here just on the strength alone. oversold at support.
bitcoin is still challenging the down trend channel. even with the channel blowout the bull trend is not truly in play until the overhead resistance is broken.
once again testing resistance. will it break through? drum roll please!
looking at channels for past and future price action
Stellar has been good to us so far. Hopefully the love continues higher.