This is #btc analysis I’ve just made based on the principle of fractality. It has proved having a high rate of prob, especially when it comes to including market cycles in the equation. Thus, accumulation should end ± in mid-January & start a new impulse wave (X. ABC)
EURUSD is moving between the ascending triangle and is now testing the support line which likely will rebounce to retest the resistance and continue forming a range
I see a falling wedge in the BTC Daily chart where I see a falling triangle as a zone for accumulation. I expect a breakout to the upside after it completes and retests the main support zone.
BTC is making another retest of the resistance line which in my opinion is going to get rejected one more time and will touch the support line again to afterwards continue it's bullish trend.
DOGE looking like touching the bottom in my view. It would start. to builg up again if of course the overall crypto helps it
btc has broken thru to the downside to likely attack the next support level which is in the 43k.
RIVN possibly going to break out the resistance level of the cup and handle figure drawn in daily chart. also the ADX is positive indicating strength in the direction and also it has bounced in the 20 MA to the upside
btc is going to retest the support zone in daily. it has rejected the possible accumulation zone and is going with direction and strength
CRO did an amazing job during the last month, but as natural it had a beautiful retracement in the last two days. These are the exact opportunities that the patient people get and actually make money. Every indicator says this is the sweet point to long.
CRO is likely to retrace to the .72 cents level to then form a little range to after restart its upward movement
ETH has formed a little accumulation range in where is preparing to restart the uplifting movement
RUNE preparing to breakthrough the range that has formed in the accumulation zone
LRC break through to the upsidee in the descending triangle, so the previous gameplan is invalidated and stop loss triggered. Here Im placing Longs with a tight stop loss somewhere in the range of the triangle below.
LRC is strictly respecting the descending triangle movement which draws lower highs and support bounce, which is likely to break through to the support after it reaches a certain level. I'm placing shorts every time it gets rejected from the triangle top side. This is my 4th short position I open here.
I see pretty bearish movement likely to happen in the coming couple weeks in loopring pairing USDT. We got lower highs and the support which looks like susceptible of being broken through.
Loopring is drawing a bearish pattern with lower highs and a bearish momentum. I'm expecting it to have free fall kind of descendance in price over this 1-2 weeks.
LRC looks to be in a mini downtrend movement in its downside range to accumulate more to further likely to breakout to the upside and complete the bullish flag
I am seeing a wonderful bullish flag on 4 hourly in USDT pair. The resistance breakout scenario would mean another bull run for LRC until 5-5.50 zone.