donny0613

donny0613

possible Inverted H&S pattern

donny0613

As LTCUSD didn't get support at the yellow circle in the chart ( as I mentioned in the previous post), it's retesting the support near the box.

donny0613

LTCUSD is retesting support near the alligator teeth. If it gets support, it will make another move to go above the resistance near fib .5 level If it doesn't get support, it will retest fib .236 level

donny0613

ADAUSDT made it out of the downtrend channel! It got the support near the alligator teeth and moved upside. It will try to retest the support at the alligator teeth.

donny0613

BTCUSDT couldn't make a clear breakout above the pink line and got resisted as I mentioned in the last post. It will retest support at the box area

donny0613

LTCUSD broke out of the downtrend channel and is following the uptrend channel. It needs to go above the pink line (alligator teeth) to go and try 0.618 level. If it fails, it will retest 0.236 level

donny0613

ADAUSDT is at the upper bound of the downtrend channel and is also near the bottom of the upward trend. If it makes it out of the downtrend channel, may continue to go upward following the upward channel. If not, it will try to get support from the pink line (alligator teeth) which is about .236 fib level.

donny0613

BTCUSDT made it out of the downtrend channel but can't go above the Alligator teeth. If 4 hr candle closes above the alligator teeth and gets support, it will continue in the uptrend channel. If it fails, it may retest fib .236 level

donny0613

XLMUSDT is still above the uptrend line. If it makes to go above the pink line (Alligator teeth), it will retry the blue line

donny0613

GRTUSDT is slightly above fib .5 level if .5 level gets support, will test .618 level soon

donny0613 Updated 

Need to keep an eye if it can get out of the downtrend channel and get support

donny0613

if it gets out of the red channel, it may test the higher bound of the upward trend channel

donny0613

Bearish Divergence. Based on the beginning of this year, BTC dropped to 0.5 fib level. BTC seems to be supported at fib .382 level. However, it may drop to .5 level with a high possibility This is not a financial advice

donny0613

Bearish divergence. Still in uptrend channel. if fib .382 is not supported, may drop to .5 or even .618 level. This is not a financial advice