We should bounce off the bottom trend line and head higher soon.
Retesting low $100s seems very likely at this point. Low volume suggests buyers are not willing to step in yet until they see more attractive prices. Low $100s also coincides with .786 fib level. I believe as LTC heads to low $100s big money will step in and prevent it from reaching $100 flat so I'll be placing buy orders at $105-$115. welcome any thoughts.
bull flag and ascending triangle. sequence of price events indicated by arrows. welcome any thoughts.
ETH approaching the apex and .23 fib level. overall, market seems to be slightly bearish but more so indecisive. welcome any thoughts.
XMR broke out of the inverse H&S. if it can also broke above $390 we should be good for ATH. welcome any thoughts.
my last post also had an ascending triangle formation but we have to re-adjust the ascending line; overall pattern is still intact. welcome any thoughts.
long term bull but given recent price action and a failure to make higher highs i force myself to look at the downside. we could be forming the right shoulder and if we break below the neckline we could revisit $170. welcome any thoughts.
continuation cup & handle breakout imminent, which will take us to just below the .50 level ($12.8k). welcome any thoughts.
ETH look like its ready to move back to the comma club. welcome any thoughts.
while we broke out of the descending triangle we need a confirmation close. price target $240 in the short term, which i think could actually turn out to be conservative once momentum and FOMO kicks in. welcome any thoughts.
BTC is trading near the down trend line from mid-December. BTC is also trading between the .23 and .38 levels since its low 2/6. let's see if the bulls can rally to push BTC higher. otherwise, $9K should serve as good support. welcome any thoughts.
price action is approaching an intersection between downward trend line since 1/13 and uptrend line since 2/6. just above this inflection point is the .23 level ($880). if we can break above with high volume we could run up to $1,000. welcome any thoughts.
trading in a triangle formation. an upside break would coincide with the .23 fib level ($216). if we close above that with strong volume we could retest the $250 level. a break below would retest the .61 level ($160). welcome any thoughts.
ETH needs to hold $755s, which coincides with .236 Fib Level RSI is approaching oversold conditions MACD is nearing a bullish cross
to be clear I'm a long term holder and supporter of ETH. however, there is a potential H&S pattern forming on the 4hr chart. this is particularly interesting as the right shoulder is approaching the long term downward trend line. if we don't break the trend line, we could be due for a pullback to ~$850. welcome any thoughts.
any thoughts on a cup & handle formation? most folks are in agreement with the bullish flag pattern but if you take a step back you can see a cup & handle. welcome any thoughts.