Hi everyone. We can see a potential symmetrical triangle which in case of a breakout, a very bullish momentum will be expected with a 30x profit from this point (2.46$). Crypto may have some bright days in coming weeks.
Hello everyone We are near to 0.5 Fib area and the weekly TF will be closed tomorrow so I don't think it will be closed without any wicks. Plus the volume is decreasing and there is divergence in 4h TF. Price is 62% down without taking any breath. I think price will jump soon (maybe on 0.5 fib) and the targets are 29.41 (0.618 Fib) and 41.54 (0.786 Fib)
Many of traders are expecting a horizontal channel formation and so, they are waiting for 28k-30k. I just have this idea that BTC may never meet those prices again. RSI is heavily oversold and Fear & Greed Index is in extreme fear. There is still a chance to go for 28k or lower, but I think if that happens, we will see a bear market for months or years.
TRX price is below the daily support, but it still remains above its ascending trend line. So, we still can't be sure about the path upon TRXUSDT.
XTZ RSI in weekly TF is in its all time low and there is a high possibility of trend reversal and going for a new all time high
Considering triple bottom, broken trendline and potential Adam & Eve Pattern, I think we will se a strong uptrend soon.
It may start moving long now or wait for a correction and then go long.