Context:
Purple (all shades): Overall trends.
Red: Areas of resistance.
Green: Profound support.
Recently
BTC has broken out of a crucial descending channel/wedge. This can serve as part of my bullish notion mid to long term, alongside the crossing daily lines (yellow & blue). The coin still has another trend to break out of / test (symmetrical flag, purple). If/when that happens, my sentiment increases. I'm expecting it to reach some stagnation around 42K and 52K. By this time, I expect altcoins like
ZIL to trade around 11 cents and
XRP to trade around 1 dollar.
Current trading week still has a few days left to cover, so nothing too significant worth noting at the current moment.
Purple (all shades): Overall trends.
Red: Areas of resistance.
Green: Profound support.
Recently
Current trading week still has a few days left to cover, so nothing too significant worth noting at the current moment.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.