Purple trend line on the log scale will be a support, but on the normal timeframe is a resistance for now. In my view we have a bigger probability to see lower lows after bitcoin melted fear & greed indicators, and I think btc is a kind of market that likes to inflict pain.
Accumulation zone will be around7- 9,10K
Like in 2017 dec after a 40% selloff we have to see a solid bounce even if it continues lower later.
Good probability of capitulation in my view like in 2014 and going back in a trading range of 6-10k for the next 6 months
Falling wedge, now looking like it may break on the upside, needs to close at least above 10.750 in order to form a higher high and then a higher low in comparison to 10.4k.
If the price however get rejected of 10.7 and it continues down it could be a (1,2,3,4,5) formation and the wave 5 finishing on the same target possibly?
If 0.38 doesnt hold I think of...
FOMO is real, how much can this parabola last before retracing, we're seeing overbought conditions on the weekly and breaking out of the ichimoku cloud, which is a bullish sign.
The daily looks incredible and thats the moment when we can take our TA and throw it out the window, Im waiting BTC to hit 11k to maybe short it, and hopefully we will retest the 0.618...
AION has a lot of growth potential in the coming months, as the 200 EMA approaches.
Volume is getting stronger over time, in case of breaking the support line price could come at 0.15 and find a support there.
Its a good trading point as the price dont have so much space to the downside as much it has to the upside till the 0.26 regions following the...
LTC imo only needs to close above 136.7 to confirm the bearish volume is fading away, Halving is approaching and thats causing buyers to step in even if the price has rallied this whole time.
147.15 is an historically hard supp/ress, If bulls manage to push above it and the price finding support on the 0.618 we could see a massive pump to 190-200 and doing so...
The price is trading around 2 fibb levels for some time now. Meanwhile the 100 MA and 26 EMA are coming near each other, so thats acting as time resistance.
Almost 2 months we've been inside this symmetrical triangle which is forming from an uptrend.
BTC will probably try to claim 9K and make it a supp, thats when I expect alts to do well.
We're above the 100...
We see forming a ascending triangle on the 30 mins and 15 mins, accompanied with low volume.
0.78 Fibb level rejected the price a few times, without increasing volume in the coming hours there is a higher probability that we are gonna retest the 50 MA which is on the same level as the ressistance of the previous pattern. Also the rsi needs to change its course and...