IMO it looks like we may have broken out of this symmetrical triangular squeeze! Up > > >
Bitcoin has dropped below the 20week and 200day moving averages for the first time since April 47th, 2020. With a triple bearish divergence, a break of the pitch fork trend and floating below the 20wk MA..I cannot help, but read this as bearish in the short term until we secure a weekly close back above the 20wk MA. Not sure how much lower we could go, there is no...
Keeping a close eye on this ethereum network based indexing protocol.
In my opinion $LINK/ $ETH pair is forming an ascending triangle (bullish), potential bottoms-up pattern from early January. Is $LINK coming for a spring cleaning? !Resistances lines from Red to Green. A break out above the Green line should be back above our moving averages and turn our biased for LINK against ETH bullish. Top light blue line - 200 Day MA Lower...
Could we see a $5 GCLD by March? In my opinion it is possible. Here are some crucial support lines. We have a confirmed uptrend forming what could be a Cup for a Cup & Handle. There is a $2.8million sell wall at $4.00. I've noticed that CGLD seems to move when other atl coins dip, I'm going to watch this more closely. There was a blow off to almost $4 today....
ETH and LINK are both so hot right now. LINK is price discovery and ETH is about to break out, but where should I be. Well my idea is playing the 200&314 day moving averages. Currently I'm holding ETH. I traded LINK into ETH when the last time it crossed below the 200day MA, after this trade I like to monitor movement until it crosses below the 314day MA, once...
ETH resistance/support lines are estimates based on daily/weekly candle closes on a macro scale. Between each color representing the next potential resistance range. Lower line being support once in that range and upper line of the same color being the next break out to the next color range. Lets go ETH! This could project a positive uptrend confirmation in my...