Shaping up to be Bullish Pennant? What do you think?
BTC seems to be forming an ascending triangle. Likely accumulating for an 11k attempt.
Nice trade setup on ADA. Dec 18th ADA posted a major reversal and has been trending up since forming a nice ascending triangle. Price has respected the support line 7 times or more, as well as the firm psychological resistance level of .10 not less than four times. Currently price is returning upward in that triangle and is expected to gain 25% over the next...
ADA Cardano is within two months of completing an eight month Ascending Triangle (somewhat bullish). Needs a reversal presently to remain inside as it currently rests near support, and once given would offer a good trade opp of 25% from .08 to .10. Cheers, JagiThePretender
Most conservative traders seem to be leaning for a pullback right about now, despite btc breaking above the downtrend resistance line (@11.3k) on July 3rd. Cheers, JagiThePretender
Wedge is shaping up with more boundary confirmations. Price action just made a double bottom so we can expect another secondary bullish channel to form and fill the channel. Price action may not touch support again before breakout. Cheers, Jagi The Pretender
BTC price action appears to be on track with last analysis posted () Looking now for a support bounce on 10.7 for an nice trade opp of %10. Cheers, Jagi The Pretender
Within the larger (still unconfirmed) wedge pattern are two attempts at bullish trends. For me, these trends are enthusiastic and bullish, even if they don't result in an immediate breakout. Curious of the shape of price action from here and how much consolidation will be needed for continuation. Cheers, Jagi The Pretender
On June 22nd XRP set a new recent high and seems to be holding a bullish channel. Now seems to be respecting a new support level of .46. XRP looking strong given overall bullish mood in crypto and some good FA. Cheers, Jagi The Pretender