btc seems to be breaking down. is this the start of a massive alt coin rally? Ethereum is still pushing up with btc dropping. eth/btc pair blasting off as well.
well we broke out of bull flag. and seem to be forming another one, this one could be tricky, we are right at major resistance so if volume isn't good if we breakout we will roll over and drop. and market monster shows downward momentum on 1 hour timeframe. if you long this if it breaks to upside make sure to put that stop loss in.
eth is a ticking time bomb its only a matter of time before this under valued asset pumps. when we pump i think we will see easy $2500... my opinion we start pumping between today and end of week! don't let a little pullback scare you. gotta dump to pump.
looks like we have a bull flag ready to breakout at any moment. chances are we break to the upside rather then down. be ready to long!
zooming out to daily, we can see a massive pattern forming. don't always get caught up in micro price movement. this could still take awhile to play out maybe 3 weeks and have more dips.
if we break down even further we will see one of the biggest alt coin seasons ever. if we break up and pump alts will suffer and btc pumps to new ath. going to be an interesting first week of april
bigger picture, btc is in a descending triangle. which in a bull market they have a better chance then normal to break to the upside instead of down. but we could see the price movement getting smaller and smaller for up to 8days before a break up or down. when we break triangle it will be a big move!
i think we can see eth continue to test resistance in the coming days again. momentum starting to look great for eth. i have circled market monster b. these patterns love to go to the upside. but as always things can do a 180 very quick in the crypto market. makes sure to put that stop loss in.
i think we can see a continuation of btc pumping. looks like we are in the process of completing double bottom (w) and market monster is showing us great momentum to the upside. these waves that are circled love to go to the upside big time. as always things can go from bullish to bearish real quick. be careful.