Polkadot is about to get a nice run. The Parachains auction is close to opening and that would for sure get some pump into DOT. Once we break that trend line, ATH will be next. BTC is showing great strength, but the volume is still not above average.
Polkadot is developing a falling wedge pattern with a potetial bullish outcome, as long as we break out of the wedge with confirmation (that would also be a good entry point) Also, the volume is declining and RSI is in oversold territory.
Nano is doing great in the last week and looks like It may continue for a short period of time. We are experiencing a correction of probably 30%, we also look oversold in Stochastic RSI. I'm going to be ready to take a position when the -30% target is reached. This is not financial advice. I'm not a pro trader.
I think we are very close to the ending of the bearflag. If you take a measured move (neckline) from the top of the flag, gives us the aproximate next stop between $4800 - $4500 We're also overbought in Stochastic RSI. Just an idea, I'm not a pro.
Right after the Intel partnership announcement ENG/BTC popped with good volume and now has formed a symmetrical triangle waiting for the market to stabilise. Please participate before you see the confirmation.
BTC/USDT is forming a bullflag with lower highs and higher lows - sign of a bullish upcoming period, BUT we have to break to the upside in order to have a confirmation . Watch closely the trend lines.
If BTCUSD keeps moving sideways, it's time for alt coins to rise. Keep your eye on ONTBTC.