- even ETHUSDT is consolidating under the nose of stiff resistance and might pull the plug - bounce is due in both pairs - breakout in either of these pairs would pull the other one - once ethbtc is above the marked zone , expect a sharp rally in both pairs - for now fingers crossed
- stiff resistance at 265-269 - stop loss at 234 - clear sky above 269
- breakout from these levels would have moon shot - volume is the key. - no volume = fakeout
- bullish divergences on daily chart yet to play out - 50 DMA and wedge resistance both are in confluence - break and close above and it will be huge boost for BCH
- trend line resistance is around 2550.. once trend line is taken out, expect a sharp rally - RSI is on rise continuously and price should follow soon - RR is great - after ATOM this is the one with potential of 100 % return in a short period - FA in July end
- notes on chart - it's a steaming buy at these levels - RR is absolutely stunning - keep a stop loss of 15% from these levels
- notes on chart - safe trading !!
- bounced from demand zone yesterday - testing falling wedge resistance. - once breaks out, chances of testing 700-750 is pretty good
- notes on chart
wait for breakout or buy at pennant support for better RR
- inverted daily chart of BTC... - clearly falling wedge is broken and retested - breakout target is 7300 +/- $100
- breakout would give 10-15 % jump from here - buy at retest of trendline
- volume is missing - buy on retest around 0.00001500