RSI consolidating in triangle, USDT sitting on trend line support, pick your side and put on your seat belt.
Comparing USDT Dominance with BTC USDT, we are currently in distributing zone. If history repeat it self, it could to drop hard after Dec 25.
From previous idea, was expecting breakdown from triangle, but dint expect to be so fast and furious. And seems like dint respect the bigger channel. Monthly close/weekly coming, i think we are going to consolidate until monthly open. Looking forward to break down and touch 50 MA
Possible small/huge upward channel forming, and possible triangle as well, what do you guys think? 1 or 2 ? or 3?
Market structure unclear, too many possibility, and hovering at monthly/weekly open for too long time, if no volatility soon we will end up with DOJI weekly candle.
From previous TA, now we broke up, but its possible still in an potential rising wedge. Currently we are hovering near monthly/weekly open. Which could possible provide good long/short entry for this month. HTF close below 1.45 i will be changing my bias to bear
Long term still up, but i think short term we are going down, currently at potential edge short entry
Seems like BTC has been losing steam abit to me, looking forward to tap greenbox in the next 2 month
Possible upward channel, current area could be an edge entry, dropping out of this channel will drop all my XRP bag
1. Imo it survived SEC and delist so far, seems to be respecting fib, there is a good chance 2018 ATH will be hit 2. Reload target on chart 3. Clear invalidation for me (drop out of channel) 4. See you in the moon!
It's a long shot, but up to 3 Head and shoulder could stack and cascading the BTC D drop. These are the level for me to watch.
Current at 0.382 and possible channel resistance, looking forward to break back into channel. My bias is to tap range high and make a new high due to ETHBTC pair seems to be ready to tap range high as well
If the dump is done for now and form a right shoulder then breakdown, we might have head and should targeting 20k...
BINANCE:ETHUSDT Already in long trade, My bias is toward #2
There is a few of different channel options, due to the difference of lower wick by different exchange.
BINANCE:LINKUSDT Im biased toward #2 and be ready what to expect if #3 happen
BINANCE:BTCUSDT 1. Possible H&S forming, or fake H&S Bear trap 2. Looking forward for price to get close to bottom of channel