XRP has formed a large Descending Triangle, a break of this neckline will signal significant downside.
Litecoin is looking very bearish vs Bitcoin. It has formed a multi year Triple Top pattern, a break below the neckline will signify a big move down vs Bitcoin.
BTC looks like it might have formed a Bull Flag formation, a breakout to the upside will signal a move higher. However, I wouldn't be surprised to see a pullback from these levels either, stay cautious!
Silver has already made a descent move up the last few days, but it has also formed a large Double Bottom. If we breakout of this neckline we could see a move up to $18.00 or higher.
Bitcoin and Gold seem to have a correlating pattern right now, they have both formed a Bullish Pennant. A break out of this pattern will signify more upside for both. It is going to be very interesting to see how this plays out!
Amazon has formed a Cup and Handle Pattern, a breakout above the neckline will signal a move higher.
The ETH/BTC Chart has formed a massive Descending Triangle, a bearish break of this pattern would signify a potential big move down vs Bitcoin. However, I wouldn't be surprised to see a bounce here at the lows either. It is interesting to see that the ETH/USD chart is still looking strong, it could be signaling another big move up in the Bitcoin price while alts...
BTC has formed a double bottom, a breakout above the neckline will signal a move higher.
The DJI has formed an Inverse Head and Shoulders Pattern, a break above the neckline will signify a pretty big move to the upside. However, it also is showing a Bearish Divergence on the RSI. If we fail to breakout, I believe we could see a sharp move down. It is also interesting to see Gold breakout recently, proceed with caution.
Bitcoin has formed an Ascending Triangle on the hourly chart, we may see another leg up to 12K soon. I am watching for some toppy action for a pullback at these ranges, the RSI on the Daily and Weekly charts will be pretty high at these levels. A good pullback after this move with consolidation would be healthy.
Cardano (and many other alts) have formed a very large Cup and Handle Pattern on the Daily and Weekly Charts. I am expecting to see some upside soon if we break this neckline.
ETH has formed a Bull Flag, I am expecting another leg up soon.
Gold has formed an Inverse Head and Shoulders Pattern, a breakout above the neckline will signal a move higher.
BTC is forming a Rising Wedge pattern, I am expecting a pullback to let the moving averages catch up to the price. I would also like to see the RSI cool off, a consolidation around the moving averages would be a great sign that the bullish move will continue.
The DJI has formed an inverse Head and Shoulders pattern, I am expecting some upside.
BTC has formed an Inverse Head and Shoulders pattern, we may see a breakout soon!
There are 3 things I like about the BTC daily chart right now. It looks like it is setting up an Ascending Triangle, there is a bullish divergence on the RSI, and the price has been holding up above the 50 EMA since Feb 18th (we haven't held above the 50 EMA this long since 2017) Hopefully we will see some upside soon!
The SPX has formed an inverse head and shoulders pattern, a break above the neckline will signify more upside.