hubavka

There is a good chance that we have established a short term bottom in the low 2400s and will test the broken support at 2600-2620. If we go above that level we will see 2800 again.

We now have a small MACD and RSI negative divergences. I have indicated the target area I am expecting after the trend lines are broken.

I am expecting even more volatility than the current slump until the first or second week of August.

Continuation pattern is forming on 1H chart. A break of the triangle should take us to around $2760-$2780 area in a day or two. Good luck and always use stop orders. In this case I will put a stop at $2520.

Entry at 2530 Stop loss 2350 Target 3400 BTC is turning around on daily chart and breaking the downtrend line. We still need a confirmation from MACD crossing, but I have entered a trade at 2530.

Just some random thoughts on BTC daily chart

This is what I see currently. It's possible that BTC breaks out of the channel and go up, but for that we need some clarity on what is happing with the current scalability issue.

This is a more long term chart (weekly). As it's hard to predict when the ALTs craze will stop. The initial correction might stop at the trend line. Even longer term than this I see ETH correcting to 0.03-0.05

Target area for the correction on the daily chart is indicated with the light green rectangle. Good Luck!

A channel has formed on the 1H chart. If we break the top line we should resume the uptrend. Until then we are in a correction.

This correction most likely will follow a 3 wave pattern as most corrections. We are currently in wave 2 recovery. Next leg should take us to $1900-$2000 areaa.

Here is a possible way of how BTC fork drama can play out.

I see a few possibilities with ETH over the next few days annotated with the 4 arrows.

There hasn't been a correction really on DASH yet. Very frustrating for shorts I am sure. I think it is coming soon and it will cut DASH value by 40%. Not exactly following the line of my arrow, but something in that effect. Good luck and hope you get out or catch a ride down.

A lot of opportunity to make some money for experienced traders on ETH right now. I have tinted the areas I am shorting and the covering buying for a long scalp. Good luck!

Dash should correct to 0.044 - 0.050 area as we have some nice negative divergences that developed.

On a break of 1190 we have a bullish setup that will take this futures contract to 1260-1280 area.

990-1000 resistance will bring a retracement soon. We see negative divergences in both MACD and RSI on 60 min chart.