The price is consolidating in a descending channel and have a good uptrend in the beginning which indicates a next uptrend but still we have to wait for a confirm breakout for best entries as the indicators are also in indecision now so better to wait for some further price action
t is currently facing a strong resistance and if it able to break it, we will see a good gain in ALTS
BTC.D is looking good and currently facing a resistance and if it able to break it we will see a good gain in ALTS and that condition is aligning with BTC current resistance MACD is also bearish that is also a good sign for ALTS Keeping all this in view we can see a good gain in ALTS if it breaks the current resistance
Wait for the breakout and retest for perfect entry with confirmation
BTC structure is not good at higher time frames, so we have to wait for some further price action for LONG or SHORT trade calls
XRPUSDT is making inverse head and shoulder currently facing resistance Wait for the breakout for perfect entry
This might be the next possible move for BTC if we consider expanded flat in the wave 2, so I have marked wave 3, and then 4 and 5. So we have to trade cautiously until the weekly and monthly candle closure.
Currently BTC is in indecision as we are seeing the spinning top candle at weekly chart so weekly closure is very important for BTC As we can clearly see the breakout of channel and bull flag at 4H TF which is a good sign if we see a successful retest So we have to be neutral in that crucial levels A good breakout with retest above 50K is a very good sign for...
The price is currently rejecting from the resistance and if it continues to reject then it might form a head and shoulder pattern but as we are seeing good momentum in LUNA and its best to take entry after breakout and retest, if see a successful breakout and retest then I have marked my targets.
Price is still consolidating in the bearish flag If t breaks down with a retest, we may see a sharp move down
It is currently making a bear flag and harmonic is also in formation I have marked the targets of bearish flag if it breaks down
BTCUSDT has break down the channel and currently holding above EMA200 We may see some reversals from the marked zones POC is also at 46K
BTCUSDT has formed a bullish butterfly pattern, which is a strong reversal pattern and I have marked the key levels and we may see a final leg up from here and if incase BTC breaks that level then we might see further correction.
The price is currently moving in a symmetrical triangle and clouds are giving good support to it and showing good bullish momentum
It has done breakout from the bull flag and also broken the strong resistance Indicators are also showing bullish momentum I have marked my targets for it
It is making cup and handle pattern and facing resistance of the neckline It will show very good bullish momentum after the confirm breakout.
As per the current situation we have seen a good weekly candle closure and also BTC has broken the main resistance of 50K but still there is a strong resistance of 61.8% fib level at 51K If it breaks 51K resistance with a good retest then my next target is 55K, 57K levels