Catching a falling knife Possible falling wedge formation trade accordingly Bulls buy Target Support if we fall
Short term correction down to 37-40K If we build support in this area we can expect a continuation of the bull market to ~70K Past bull runs run a similar fractal
We could see another pendant form similar to the most recent one during 30-40k - Good trading opportunity
Ethereum bounce off on a smaller support around 1400. If price actions fails to hold, we can see another leg down to $1000-12000
bitcoin reach a peak of $58K before coming down sharply. We have a strong support around $40,000 then $30,000
As we can see in the chart the 20 ema has been supporting Bitcoins bull trend. We are now near this level - holding above we will continue upwards but a break-down will push towards the 50 ema.
Two scenarios Push lower towards 1770 or break up to 1840 - Wait for confirmation and attack at proper zones
Ada is leading the alt coin pack with some serious gain the past month. The move is just beginning and has much more potential for its future. We see $2 in the card in the future
After last night session we saw a small pullback, followed up by a quick buy into the dip action. We are getting close to breaking out. Breakout target is $55K
BTC Bull Pendant - Technical Target 50k Look for confirmation breakout to enter
ETH Broke the rising wedge and is targeting the bottom support of our long-term channel. Buy opportunity green box.
Bitcoin is forming a rising wedge which is typically a bearish formation. Remember this is bitcoin and during this time the momentum and the trend is up. This market is also being run on FOMO and the news (which we will probably have at the beginning of the week.) Bullish Technical Target is 55k Immediate Buy Zone 30-40K * Bearish patterns in the crypto market...
ETH also printing similar to BTC. Following the momentum, FOMO, and the trend we have the possibility to break to the upside giving us a technical target of $2,200. Immediate Buy Zones are $1400 $1100 * Bearish patterns in the crypto market can quickly become bullish. * Corrections of 30-60% will come if you are trading be prepared. * Everyone is a genius...
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Who will be the first institution to buy ETH? It will happen soon... ETH Inverse Head & Shoulders - Techincal Target $2,000 If we have a confirmation break above the neckline
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Gold has been consolidating for months now and it looks pro,e to break to upside. If the US dollar continues to decline this can set gold to push up higher