In some respects LINK looks like it is heading down from the top of the channel and there are a lot of predictions for a correction. Initially I thought so too but now I'm not so sure. BTC is holding well at the top of its channel and could be consolidating for another move up, but even if it holds its current level that would work for an increase in alts. LINK is...
FET is at an interesting point. We had a spike in buying pressure on the 1D chart just above $0.50, which normally produces a price increase in the medium term, but there are a couple of channels on the 1-day RSI which are worth keeping an eye on. It's just about on the third touch of the upper limit of the downward channel so let's see if it breaks up or is...
I think BTC may move above the previous high to complete the bearish RSI divergence, possibly as high as $53000 to reach the top of the channel, before correcting to around $36400-$38400 before the bull run, picking up the long term weekly trend line. It's showing signs of short term exhaustion, and look at what the daily RSI is doing. I expect a reasonable...
