BTCUSD decision time is coming upon us! Descending Triangle is coming to an end! I see two possible outcomes: 1) Bullish- we break the downward trendline and pass $9.8k- we then MUST FINALLY break the PESKY $10.5k resistance and then it will be full steam ahead from there. If we break the trendline but don't break $10.5k we're headed back down 2) Bearish- we...
BQXUSD is on the verge of breaking current ascending channel: 1. We're currently at a very important support level of .057 which was failed resistance in early March (before COVID drop) 2. We're still above 21 day EMA --> I can see a situation where we accumulate between EMA21 and .057 before going up again but still need to see how the price action behaves...
VETUSD broke ascending channel (see last post) --> now we must see the severity of this descending channel Price action is still above EMA21 which bodes well that this may be short term correction/sideways accumulation but need to watch carefully over next few days to confirm/deny. Like/comment what you think!
VETUSD looks to be breaking current ascending channel and could be headed towards sidewalks accumulation or drop Still trading above 21 day EMA so not *completely* bearish- next few days will help determine short term direction Like/Comment your ideas!!!
BQXUSD broke long term trend line and has been in ascending channel since Worth keeping an eye on!
BTCUSD Hash Ribbons trending toward BUY--> similar to end of April *Price action between $8.6k-$9.8k short term *Based on current trend looks like BUY will be triggered in a week or so with bull run to follow to around $13k resistance level
BTTUSD short-term ascending wedge meeting long term descending trend line-- keep a close eye on price movement over next few weeks!!!!