XRP will try to test $0.40. I think it will get rejected there for a nice short.
Broken support flipped resistance Breakdown from bear flag Short to first and second support zone targets
Breakout of ascending triangle on the 15 minute timeframe.
Bitcoin has made a beautiful breakout of a reverse head and shoulders with a successful retest of the broken neckline. The measured move from the bottom of the RHS and the neckline gives us an approximate target of $20,000.00.
If ETHBTC is anything like bitcoin on this rip it could slice through macro resistance like a knife through butter. That said, I am waiting for a conformation of a flip of resistance to support first. If ETH is rejected here, I am looking at the dip as a buying opportunity.
Bitcoin's dominance has broken out of its macro falling wedge. This is great news for bitcoin. This is bad news for altcoins. If you are FOMOing into altcoins now because your favorite crypto influencer is screaming alt season you need to start thinking for yourself.
BITSTAMP:BTCUSD target from this breakout is $17,500.
ZEC is attempting a break out of diagonal resistance line and out of the resistance of an order block.
I am currently in this UNIUSD trade from the retest of the ascending triangle break out. I have two take profit targets which are indicated with TP 1 and TP 2.
Rising channel. Waiting for test of dotted support line.
Bitcoin has bearish divergence on the RSI. Bitcoin is battling resistance at the top of a rising channel. 🎯 $11080
Bitcoin has formed a head and shoulders. A measured move puts the target in the range between the dashed and solid horizontal support lines.
A symmetrical triangle implies price action can break either way. But, because this triangle comes after a downtrend, and the buy volume has been weaker than the sell volume, along with price action below all major exponential moving averages, my bias is to the downside. Three targets are approx. $10K, $9.5K, and $9.1K.
Can a head and shoulders be forming on the 2h? It can. But is it? As of now, still an ephemeral idea. If we get a confirmed close below that neckline, a realized idea, with a measured move to 10.4K for support.
Bitcoin was recently rejected off this macro trend line. Bitcoin has taken on average of 170 days to retest this macro trend line after being rejected by it. Just an observation. I am long term bullish. But in the short and mid term, if bitcoin follows its average of 170 days to retest that macro trend line, we can see some downside before more upside.
There is major hidden bearish divergence on the KDJ. My three targets are at 10.5K, 10K, and 9K, give or take a hundred above or below each of those.