There is an obvious inverse H&S on Ethereum market dominance. If this neckline breaks to the upside it would signal Ethereum is going to outperform the vast majority of Altcoins and maybe even BTC in the coming months.
There is a potential massive cup and handle on the Gold weekly chart. It should be noted that Cup and Handles don't usually play out over these very long time frames. Furthermore, the handle is not as clean as you might expect although online resources state ... "After the high forms on the right side of the cup, there is a pullback that forms the handle....
One line chart... yes it is silly but it tells a good story. When BTC enters a bear market it is known for touching the previous bull runs all time high . The previous bull run touched ~$20,000. As you know, BTC was floating in that area until the FTX debacle pushed it way lower. Had FTX/Alameda/Genesis not had imploded in historic fashion, BTC likely would...
Keep it super simple on this one. BTC has been moving upwards for days but recently hit a tough area of resistance. It only makes sense to have a small pullback. If this market is for real though expect a quick reversal back to bullish and a move through resistance aimed at $28,000 BTC.
All eyes on Solana right now. After bottoming around $8 due to the FTX catastrophe, Solana has ripped back to ~$23. Fundamentally, I do not know what the future holds for Sol/Solana. However, the chart is at a very intriguing level. If the price can manage to break higher from here it looks like it could be breaking out of a year long down trend. The chart has...