Just chillin' on top of the support on the 4hr chart. Biding its time and waiting to make another move. As long as we stay above the support, I'm bullish. What's your opinion? Not financial advice, here--I'm making these charts for me alone and my own deep need to connect with strangers over the internet during a pandemic....
good luck all!
BATUSDC Has big time potential in the coming weeks. The Adam and Eve make it look like the bottom is in. The RSI is poised to break higher, and the macro price level resistance can be broken. Oh, and the fundumentals with BAT and Brave Browser are solid.
Also, this is a very similar chart to COINBASE:XTZBTC
Let's see what happens...
Not financial advice, obviously.
The LTCUSD WEEKLY chart is showing strength. As many have pointed out already there is a massive Adam and Eve patter that can indicate a bottom. Depending on how jankily you want to drink your coffee, perhaps we have a cup and handle on the way as well. Finally, the RSI trendline is showing that here's still room for lots of positive price movement. Let's see what...
If the RSI bounces back up from the trendline touch, we've got a chance to break out of this wedge finally. There is also a nice hammer candlestick forming, which is encouraging for the LONG...Otherwise, let's just keep ranging like we're crypto-buffalos! This is not financial advice, seriously.
The weekly chart for ETHUSD is just so darn bullish. What really sticks out for me is the hammer candle that is a few hours away from closing. The fundamentals of ETH are improving as ETH 2.0 continues to grind along, and when we mix this with BTC's bull market, it really does feel like it's only a matter of time. You can see one of my other short-term ETH ideas...
As you can see, ETHUSD has re-entered the ascending triangle. It still seems link the trend is upwards with positive pressure building in the ascending triangle, but only time will tell. This builds upon yesterday's analysis, as seen below. Not financial advice, DYOR.
ETHUSD is currently looking to flip the resistance to support. If it does that, it's got a solid foundation for blasting off towards its old and a new ATH. Do you think we'll see some fireworks soon? Not financial advice. DYOR.
Looks like we might be shrugging upwards on the ADAUSD 4hr chart. If this plays out, and breaks the overhead resistance of the neckline/flag, we could see quite a jump. What do you think, possible? Not financial advice. DYOR.
Take a look at the 4-hr chart for ETHBTC. Looks like we're in the process of building out sweet bull pennant. You can see my projections on the chart. Let's see what happens as things keep getting more and more volatile. Good luck everyone and trade safe. This is just my idea and not financial advice, of course.
A quick look at the 4 hr chart for BTCEUR. A good chance of increasing price in the next day or so if the support holds. From the chart I think we have a good chance at moving up higher. Off to an ATH or a deeper correction--what do you think?
Looking at the 4-hour chart, we can see what the possibilities are for BTC's price action depending on which way it breaks out of the wedge. Regardless of which way it breaks, I think it will respect the greater channel that it's currently moving in.
Of course this is not financial advice, just ideas. Do your own research as always.
Looks like we could be getting a strong bull flag forming on the 1-day chart. Perhaps it's even consolidating in a tight triangle above the main upward channel. Are we going to break upwards, or head back down. As always, time will tell. What do you think?