wannmond

wannmond

Using the original flagpole height as reference a breakout could take us all the way up to the 60 dollar area. Exciting.

wannmond

Pennants, which are similar to flags in terms of structure, have converging trend lines during their consolidation period. The volume at each period of the pennant is also important. The initial move must be met with large volume while the pennant should have weakening volume, followed by a large increase in volume during the breakout.

wannmond

The previous high at roughly 42 k is now in alignment with the 50 day exponential moving average. This should provide for excellent support for BTC to take off.

wannmond

Ethereum has been climbing this ascending channel nicely for quite some time. With a recent perfect retest of its center line, I'm hopeful for a powerful breakout soon.

wannmond

We are still moving in the same upward channel we entered in the beginning of January. Looks perfectly healthy to me.

wannmond

Falling wedges have a bullish bias. Let's look for that breakout. Fundamentals are definitely there.

wannmond Updated 

DOT appears to be consolidating between converging trend lines—the pennant. I expect a breakout movement in the same direction as the initial large movement soon. Strap on cause we're heading for the moon.

wannmond Updated 

DOT is about to push higher.

wannmond

What will happen next?

wannmond

Looks like we are entering moon territory.

wannmond

Just a gut feeling and some TA.