as much fun as it is to see cake and bnb go parabolic. looks like we are about to see a bearish divergence on the daily for both bnb and cake. unless we can get the rsi to push higher in the coming days. doesn't take a genius to know we are over bought right now. expect a good correction in the short term.!
little early yet. but i think we can entertain the idea of an ascending triangle. usually a bullish pattern. wouldn't be surprised though if we do come down to the 50 or 100 ema. if we can an hourly close below triangle will probably come back to $18 $19 zone for a little bit.
im expecting btc cme gap to get filled soon. but as long as we don't really break down, we might have some good news in the future!
eth as formed a falling wedge. im currently waiting to put in a trade when we break resistance with some volume or if we meet support at bottom of channel. chances are higher to a break upwards! NOTE: hope you guys have made some good money especially with cake and bnb! Targets have 100%! thanks for the kind words!
we could possibly see a double bottom here. not confirmed though. need to bounce here and break resistance so we can continue the journey to $2600!!
this is just kinda for fun. but i could see a double bottom then break of resistance sometime this week. way too early to tell but we'll see! let me know if you wanna see any other coins!
we got a nice looking inverse h/s possibly playing out. will this put an end to alt season or will we still go sideways?
we may have a small head and shoulers on the 4 hour timeframe we can see some support at yellow line (50ema) and target price. only bearish if it breaks neckline. should be a short lived correction if we do drop.
2 days ago when i posted we had a ticking time bomb for eth well it has exploded! breaking triangle plus a massive double bottom. expect to see prices sore over 2k to ath. price target will be $2600 at the top. keep in mind takes time to get there doesn't go straight up and could come back to restest to turn resistance into support. and eth/btc pair is pumping as...