lauren522

lauren522

Doing an update on my earlier analysis on BTC/USD consolidation pattern forming with support and possible entry at $14,075. Price channel has held through consolidation also forming a bullish pennant/descending wedge. We are also between a bull (green) fibonnacci level and bear (red) fibonnacci level. If we break above top trendline, we will either hit...

lauren522

BTC has been in the spotlight with its recent parabolic movement. Using trend analysis we have a short 24 hour break to the upside making new ATH on Coinbase/Gdax at roughly $19,726. Forming a consolidation pattern that is desperately needed. Fibonnacci retracement has support at $14,075 that needs to hold to stay in pattern. This is also a buy entry level to...

lauren522

ETH/USD has been in a consolidation pattern for many months now since the previous ATH in June. This consolidation pattern is referred to as a Pennant and is outlined with blue trendlines. Price broke above the top trendline indicating a trend reversal to the upside. This was confirmed by the following candles closing with higher lows and higher highs. Third...

lauren522

BTC is holding price channel nicely at the moment. I am still long on this one.