as you can see these two triangle are so similar but there some differences I like to share:
firstly we are in uptrend right now but in 2018 we had down trend right before the triangle.
secondly we have a very good positive hidden divergence in btc which make it like dynamite.
thirdly we have absolute different wave count here.
so keep your long bitcoin with a SL...
one CZ boys wants to fly
erd is already above the ichimukocloud in 4h time frame
volume is above it's average right now and it look bullish
there is a very good positive divergence in daily time frame
and it's end of 5 wave down
looks good and it's will jump to about 30 satoshi only if she pass kijunsen in daily time frame
as you can see link is struggling to break a very important resistance in daily time frame if it succeed to close a candle above this resistance we may see uprising continue and we are officially in correction mode
in 4h time frame there is a good momentum and volume to break the resistance but in daily time frame still nothing, I will wait for now out side and...
I think eos/usd needs one wave down before we would say it's over
I draw a critical line which shows if price goes above that level my analysis is going to fail, till than , I really think it will go down again.
vividly there is a very good HD+
if you familiar with Elliot waves we are in wave 4 now
soon the correction structure will finish "maybe by the third part of September" and we will see a new ath of 2019
when an impulsive being so fast than correction waste time.
I also check BTC dominance and guess what, it will go higher and higher maybe around 80% level
BNB is sth I survey before fundamentally and now technically we are in the last drop wave
as soon as wave 5 of C of E complete we will start a new impulsive targeting around 50$
you can see the zoom out chart here
dont miss it
Matic is one of the good Binance project,
token unlock coming
and technically I think soon we may start new down trend but before that we slowly complete the subdivided C
So don't forget to put your SL
bnb has HD+ in weekly time frame
it has many positive fundamental news
if we lose this important support than are not in an impulsive wave and next station is 16$
so if you buy now and put your sl under 20$ there is a very good Risk/Reward
you can see short term analyze in related part
next week komo will switch (11 septamber it start) so everything is bluish in...
trx may see 50sat
I can see a pattern in the chart
although we are in oversell area but no sign of positive divergence in weekly time frame so my experience says we go down in price and may see higher level in oscillators to create a divergence
every night before I go to my bed I just short it
wait for a reasonable sign, she will back one day
btc complex correction made most of the analyzers fail, as you can see new pattern showing it's face,
so if we just break out of this triangle be aware a new impulsive wave coming.
lets don't forget there are many fundamental news about btc in September.