An interesting pattern has formed in bitcoin. The h & s pattern here has reached the neckline. However, a failure to break the neckline could result in confirmation that bitcoin has bottomed. On the other hand a breakthrough of the neckline will send bitcoin plummeting.
This period is critical for medium term crypto health.
Here's an update on Bitcoin. We're on track to hit my target from last week. With the breakdown from the small h&s pattern from a few days ago. Things are going to get gnarly where the apex of this pennant hits, or maybe not, but most likely. Still a little too early to call what happens there.
Long term game for BTC, amazing bull flag forming. Sold around 10,000 after the latest pump. My buy in is around the 6400 mark where i expect this bear trend to reverse back to the hands of the bulls :)
Nano's underlying fundamentals knock most coins in the top 20 out of the park. But on the technical side, a steady decline (along with the entire market) for the last few weeks has finally lead to what looks like a bottom. RSI levels are close to oversold. More importantly MACD has been crossed on the 4h chart and the potential for a long charge up is very high....
CPC has taken a hit in the latest correction, it traveled all the way down to a heavy support. This means that it's a great time to buy! Short term a pump should be occurring soon. I'm thinking 1 or 2 pumps until CPC challenges the resistance area.
Target is for a slightly longer term of 2-4 weeks
We saw an explosive pump from TRX a few weeks ago. The price has corrected along with the market. A small pump about a week ago was a sign of Bulls looming in the grass and now the price has corrected to a secondary higher support.
RSI looks good for a bull run.