TRX is trading around 360 (0.618 fib level) right now trend reverse is possible from 358 as it is the lowest point of the blue uptrend lowerline but There are 2 possible scenarios for TRXBTC:
1) If TRX goes below 358 and reaches to 352-354 zone (lowest point of the black line) a trend reverse is possible from there.
2) If TRX breaks the black line and reaches to...
There are 2 possible scenarios for ADABTC:
1) If ADA stays above 1168 (0.618 fib level, important one) and breaks the black trendline upward. A trend reverse is possible.
2) If ADA stays below 1168 and fall below the lower blue line retracing to lower support line is possible.
In both cases solid confirmation is needed.
I have predicted this fall from...
RSI broke its Uptrend and ADX going down so I think TRX is heading to its supports at 360, Uptrend Lowerline H4 and Uptrend Lowerline D1. If TRX stays above these supports which I think it will we will stay in daily Uptrend Channel and head to Uptrend Upperline H4 and finally Uptrend Upperline D1.
Uptrend Loweline #1 has broken with medium volume but there is possibility of ADA going back into that uptrend due to bullish market and EMAs. So I have drawn Uptrend Lowerline #2. Breaking this one and going below 119x is a sign of early of short. as you can see ADX has reversed and RSI is making lower highs and lower lows and price has gone below Donchian Channel Basis.
Current Uptrend that has been established after breaking the downtrend upperline has gain bullish force as evident by 50EMA crossing both 100EMA and 200EMA. After breaking 8550 resistance XRP couldn't hold above it and RSI touched uptrend upperline so it has declined since.
There are 2 scenarios at play now:
1) if XRP reaches to 8017 support again (which is 0.618...
As I have predicted earlier the high probability of ETHUSD breaking ranging area, it happened with high volume. Consequently 50EMA has crossed 100EMA so Uptrend is confirmed. There is a possibility of 50EMA crossing 200EMA also which indicates a strong bullrun.
I think a test of 22x (or Uptrend Upperline) is possible because of hitting 216.15 resistance and from...
On daily base we have 2 Symmetrical Triangles. BTC has got out of (not breaking it) Symmetrical Triangle #1, price touched STriangle #1 Lowerline twice (2 black arrow). From there double bottom pattern has merged and the current uptrend has started as evidenced by ADX reverse (black arrow on ADX). BTC went back to ranging area but it did not stay there (as I have...
75% of symmetrical triangles are continuation pattern but if eth breaks out of STriangle and Downtrend #2 the bull run will start soon but if eth breaks STriangle downward and goes back to Downtrend #1 we will retest 184 from there a dual bottom will form.
RSI crucial point: 47