We see a bearish penannt, similar to the previous symmetrical triangle seen up there. Bitcoin is in a downtrend so opening a short is not a problem.
We see here a symmetrical triangle. Depending on whether it breaks on the upside or the downside, it should move up or down.
Stoch RSI is very low, Bollinger bands are squeezing, there is for me 75 % chance that the price goes up from there.
A major support line has been broken. Moreover, we see a breakout to the downside of a symmetrical triangle. Seems very bearish and will probably follow the path of DASH or ETC.
Bitcoin is in the same situation as Dash. From a bullish point of view, if DASH breaks to the upside, it could grow 25 % or more because of the height of the triangle. Fake breakouts to the upside also suggest this. There is also an ascending triangle on the DASH/BTC chart.
Taking into account the price spikes, we could see that the price has not broken below the lower trendline. However, it has now broken above the resistance and an upward move is the most possible.
VET just broke out of a symmetrical triangle lower trend line. The bearish trend should continue and profits should be there for those who short this.
TRX broke through a major resistance and the upper line of a symmetrical triangle. I expect a massive pump, maybe with a pullback.
We see that there is a breakout of the cup and handle while a breakut of the resistance line is also likely. The same patterns seems to repeat itself. We'll see.
ATOM looks very bearish as there is a breakout of the lower trendline of the symmetrical triangle. I expect a large downward move.
Vet broke through a major line of support, confirming the downtrend. I expect it to go down a bit more then.
Atom broke through a major resistance. Moreover, the price volatility became high with a strong downward move lately. Something seems sketchy here and I wouldn't be surprised by a large downward move, like with Tezos.
We have seen EOS breaking through a major support lately. This is probably the beginning of a downtrend while this support is now acting as a resistance.
I expect this falling wedge to be invalidated, the lower trendline to be broken and the downtrend to continue until the price meets a major support. We need to remember that Chainlink has experienced a strong and massive growth in the last months and only a major support could help the price go up.
Ravencoin is just sitting on a major support level. At the same time, it is just at the end of a symmetrical triangle. A breakout of the upper trend line, which in that case is likely, would mean that RVN could go up 10 % or even much more.
IOST reached a resistance level on the 4 hours chart. Moreover, the price has broken a strong resistance on the IOST/BTC chart, which is in correlation with what we see here.
Litecoin is at a crossroad on the 4 hours chart. History could repeat itself and Litecoin could go down by a few percents since it is encountering a strong resistance. Also, I wouldn't be surprised of this outcome because we're in a downtrend since a long time.
The buyers do not seem out of steam concerning bitcoin cash. I notice the formation of a bull flag and a potential other phase to this pump.