I'd long close above 10400 to at least re short 10800. Longs piling up on bitfinex so prob gonna go to 9.5 before bounce to 10.8
Price is pivoting around a weekly order block at 11.4-11.6k, sandwiched between daily resistance 12k and support 11.2k. Closest confirmed weekly support is at 10.8 and resistance at 14k. Price hasn't been able to close a weekly above 11.6 for 3 weeks, a fourth close below shouldn't be any good even tough weekly support can be found at 10.8. For a bullish...
Price is pivoting around a weekly order block at 11.4-11.6k, sandwiched between daily resistance 12k and support 11.2k. Closest confirmed weekly support is at 10.8 and resistance at 14k. Price hasn't been able to close a weekly above 11.6 for 3 weeks, a fourth close below shouldn't be any good even tough weekly support can be found at 10.8. For a bullish move...
A break out of the pivot should lead to the bottom or top of the range
ETHBTC has formed and broken out of a descending triangle 3 times. The last two times it completed the pattern we had a ~60% drop into a double bottom, BTC gained and ETHUSD droped. 11th Sep 15 - 16th Oct 15 (40d) BTCUSD gained 25% ETHUSD dropped 70%, then gained 4200% ETHBTC dropped 70%, then gained 2200% 27th Oct 16 - 23rd Dec 16 (60d) BTCUSD gained 35%...
2016-2018 gave a 2-year bull market with 12178% returns and no pullbacks greater than 40%. We would need a correction of 50% to get back to 6k level. If you zoom in we have sadly already retested 6k level with a flash crash wick. If we break it now, we'd drop to 5k levels, I have a hard time seeing a long term bullish market structure in that case and...
H&S Pennant Long: support retest pennant break out & retest break above top monthly resistance.
Falling wedge support + weekly support, might stop run first, but looks good on usd pair
XRPUSD on weekly support. ETHBTC bullish. Mega pump inc
try to buy it up trend line support + november 18 bear breakdown retest = profit adabtc is prob gonna give us another -10% or so though
Long weekly support, aka btc 6k level.
Best case. Up or down. Worst case. Up and down.
Top of the weekly candles seems to be turning into support. Usefull if we break through to avoid fakeout.