as im writing this eth is trying to break ascending triangle. if we get a good break with volume and a good retest i think we can see 3k. we could also consolidate for about a week before breakout.
eth could be in for some danger. getting close to testing head and shoulders neckline!!!
cake broke inverse h/s. problem is haven't seen too much volume yet and its the weekend. so its possible this will not hold unless we see volume. $33 target after we break ath resistance.
we had a little detour to new ath. everything is looking okay for now. expect some resistance at ath. but i expect $30+
i haven't been watching btc much cause of alt season. but we broke ath (red box) came down and successfully retested ath, then we rolled over which isn't good. so now we are forming a double bottom we may bounce then roll over again to 59k or so. cme gap is 54,400. its the weekend anything is possible at this point.
cake seems to have broken out, volume seems a little weak so not sure if this breakout will hold. but it does look like it did try to do a retest, so far its holding but its the weekend so anything is possible right now. don't be surprised if it breaks back down.
bnb still in a bull flag. i think it will consolidate for a little while longer. and we should test ath again and if we break ath should see $700+
looks to me we may be getting a double top for eth. just so happens last ath lines up with golden pocket. so coming back down to retest breakout point would be perfect and ideal entry for a trade. with a stop loss off course.
we are in a rising wedge. and i don't think we will see any big movements for btc anytime soon. mainly sideways. its alt season! until i see btc dominance start to rise i will expect btc to go sideways and alts pump. youll know when alt season is coming to an end when btc all of a sudden pumps 5-10k in a day and breaks out.