With bitcoin currently approaching a critical zone of the sym Triangle, if bitcoin can break above the downward slopped resistance line we may see some exciting upwards movement potentially testing the $5600 resistance level.
I think the chart says it all. Iota is still moving within a descending channel. I expect to test the lower resistance level within the .12 - .15 range over the following weeks to potentially days.
Iota appears to be forming an ascending Triangle. This may signify some bullish momentum upward but would need to break across horizontal resistance at above ~.32 cents. If Iota manages to push up above that resistance, I expect to see upward movment to at least .41cents however I would not be surprised if bullish momentum is able to push past that up to nearly...
Possibly. Although I'm still far more bearish. The purpose of this idea, is to share a more general expectation of what I'd expect to see occur. Bitcoin has rebounded but it was a bit overdue after the last series of daily falling knives. Bitcoin has been facing mild suppression from the diagonal resistance line since roughly Nov 14 which is intersecting with the...
Nano has been suppressed by a diagonal resistance line for the past week. Unless nano manages to break above $1, it will most likely continue down to lower lows I expect sub .70 cents. If nano does manage to break above $1.00 I would expect to see it continue up to at least ~$1.30 however, I believe bears are in control at this time.
This is not advice. I'm...
Iota appears to be in both a descending triangle as well as a channel. Iota may find support around .22 cents but I would not be surprised to see Iota test .18 - .20 cents.
Please be aware this is not advice. I'm simply sharing my learning experience to better improve myself.
Bitcoin charts on coinbase 4hr charts appear to be forming a bear flag. If bitcoin breaks below the diagonal support, roughly 3.6k I'd expect to see long red candles up to about the 2.9k range soon.
However if bitcoin breaks and holds above horizontal resistance, roughly 3.9k I wouldn't be surprised to see bullish pressure test ~ 4.5k
Please be aware, this is...
First this is not advice, just sharing my learning experience. If Iota gets a solid movement upwards above ~ .35 I expect we should see movement > .40. On the opposite, if price breaks below diagonal support Iota may fall to the price range closer to .22. Usually an ascending triangle leans more towards bullish momentum however this has failed 2x.
With the diagonal support of the ascending triangle being broken, I expect Iota to test support levels around .22 cents. If this is breached Iota may near ATL territory within the mid to lower teens. Please be aware, this is not advice, simply sharing my learning experience as I practice.
XRP appears to be forming an ascending triangle. Expecting to see some resistance form around .32 - .34 cents. If this holds XRP could be setting up for potential Bullish movement but would need to break above .60 in the coming weeks.
Be aware this is not advice simply sharing my learning experience: With bitcoin breaking below the diagonal support on the 1 day log charts (coinbase), I'm expecting to see bitcoin to test resistance levels around ~ $2800 - $3000 in the following weeks.
Just felt like I'd share this as I've been watching it for awhile. Personally I believe ~3900 will be the targeted bottom. However if we break through that I'd expect a lot of panic to push it down quite a bit lower. Be aware this is the log chart for bitcoin on coinbase
