This coin has shown a perfect example of a reversal! Starting with a bullish divergence, while the MacD kept pumping ZRX formed a bottom/consolidation. Now it's going up while MacD is still pumping. Very nice chart! A lot of Bitcoin pairs look similar to this one!
The 40% drop from the recent high that some traders are expecting would be at the 8300 dollar level, which was the resistance in july last year. Wouldn't be surprised if this happens, since the daily MacD is just crossing bearish.
Bitcoin trying to break the 200 daily MA!
Lower high after lower high, a dump forming into what seems to be a bear flag, and now getting rejected by the 200 daily MA.
XRP trying to break the 99 daily MA, there might be a golden cross forming also.
Let's see if this plays out!
Hope the green line will turn into support again!
I feel sad for bitcoin, got rejected by the resistance from the descending triangle. Als broke down the green support line.
Let's hope this green line will turn into support again! If not, things can get very ugly for bitcoin. The lack of volume is worrying me.
The descending triangle is getting more and more likely to be confirmed.
This might be a pretty big move, now just wait for the conformation!
This doesn't look too good.. Descending triangle, almost no volume. Looks like another dump is going to happen boys.
This rising wedge played out perfectly, came back to the exact starting point on the 4h.
Seems that BTC is holding the up sloping pretty good support (green line), for now.
Flag into bullish pennant or descending triangle? The daily shows a bearish divergence. Bitcoin has made crazy moves like it alway does, what do you think?
Could go down to 10900 or even 10800
Posted this flag a while ago, still in play and getting pretty interesting now.
Alts start to show some strength, most alts charts look like this.