On the daily frame, ETH looks bad targeting $2600 areas. Whereas, on the weekly frame, it formed a cup and handle pattern targeting $15k
I think ETH is not looking good at. Especially that SOL is taking over. Also, trump has launched his coin $TRUMP on SOL network. Is it the end for ETH?
I think MATIC will go down to 0.70 areas to form the cup and handle form. If that happens, the target will be $1.24
So as you notice LOOM has tried to break the green trend line 2 times in the past but it failed. Today, LOOM broke the trend line but do you think it will close above the trend line with a weekly candle? I will be a crazy pump if it does.
I can't unsee the bearish rising wedge that ETH has formed! I think we will see ETH around $2100 before we dump to a new dip
I can't think of any reason why XRP won't hit $4 in the next bull run. As you can see on the weekly chart, XRP has formed a double bottom pattern indicated in the blue color. Also, XRP has formed a bullish symmetrical triangle targeting 4 in the next bull run. Stochastic RSI indicator on the weekly frame is oversold. I am not saying that there is no room for...
I think BCH has formed bullish patterns. As you can see, there is a cup and handle on the daily frame targeting the 600 areas. Also a bullish flag targeting the same levels of 500 and 600
As you can see on the 4HR frame, XRP has formed a bearish flag. The target of this bearish flag is around 0.46. Notice how the candles are respecting the flag yellow lines. It would be a good opportunity to accumulate in case if XRP goes down to 0.40/0.45 areas. Also, as you can see the stochastic RSI is saturated. Thank you for checking my idea
BCH seems to form a bearish rising wedge. Expect the price to go back to $116