$rsr currently showing a potential iHS on the bitcoin pair. daily close above channel EQ should trigger the rest of the move.
link confirmed a sell signal on the daily. however, with the pump happening today, there's a solid chance we will get a buy signal. we won't know until daily close tomorrow, then won't confirm or invalidate until friday close. no way to know anything just yet. just an observation.
bullish divergence still printing on the HTF. 3D currently wicking upward. reversal is likely imminent.
potential local diamond top with 5th wave and macd/rsi bear divs
$bch looks to be testing trend line resistance of the falling wedge 👀
expecting a local bounce here towards the top of the channel since we broke/held support of channel EQ.
hidden bear div on hourly and 4h. small position because of the low weekend volume, so not risking a lot.
looking for breakdown of this 1H ascending wedge. TP ~$247. decent RR
looking for an avg entry between ~ $9.78-9.8 with a TP ~ $9.3 (.382 fib level). nice short term RR of 5.35. red line is daily close.
bear div showing on the 120 RSI. might see a pull black now that we're at slope resistance.
$link attempting to push thru the local ascending triangle apex, but facing the HTF falling wedge resistance. If $btc plays nice and allows $link to break out, we'll be on our way to $4 and possibly ATH. if $btc dumps, then this USD pair with dump with it.
looking for potential inverse H&S to continue the bullish trend. broke thru 24.5k resistance on the weekly, but it all depends on what btc decides to do. if btc pumps or dumps, i see link taking that final local dip to form the right shoulder and continue upwards to break out of the triangle.
coming out above a sym triangle. if we confirm reversal and retest 430 support on the daily, i'm picking up a sack.
expecting a pull back on the daily to 20k support. will scale in here. first target at current 20.5k resistance and look for flipping of s/r. next target 22.5k
but muh bull flag.. okay this pattern did start out resembling a bull sym triangle, but with multiple retests at $9.5k and what looks like an inevitable 4th retest, this bull flag has turned descending triangle. that's right folks; bearish. a failure of this pattern will be just that; a failure. anyone who is telling you this is still a bull flag should...
still near term bearish; expecting a fall back to $9.5k. pump out triggering some low bids at the bottom of the local falling wedge. zoom out. $btc
potential ascending wedge forming on the daily, taking us back down to $9.5k. still bullish mid term as thing would not break mid term bull triangle.