Price action looks extended at the moment. I am looking for a safe laddered entries from $195.
I am not sold on ALT coin season just yet, looking for consolidation pattern above $0.09 for me to trade ADA to the upside.
We finally retraced back from the ascending Parnell channel. I am looking for the consolidation pattern here in the next hours to see if we have another leg up.
out of the last descending channel bull flag hit a high of $10450 and creating a bear flag with the current price action. acceding channels usually retraces' back for new support.
Btc is breaking up from the descending pennant, but not a good showing of volume. Do the bulls have enough support or are the bears waiting trap the remaining bulls and push the price down?
Consolidating above weekly support, forming a descending wedge. Can we test higher highs up to 10.5K, 11K before we retrace back?
Too early to say, RSI showing a bearish divergence as price makes a new higher high and the RSI mad a lower high. We could be in for some fireworks wicks up and down. Next 4H close will confirm.
Descending channel played out with volume and bulls showing strength in the short term, closing above the weekly level. Is this still a valid long squeeze or can we test back up to 11K levels?
From the breakdown, bulls were able to defend the price enough to form a potential bull flag. Potential long squeeze, watch the volume.
If continuation plays out, short term target range.
Looking like a continuation to the down side in the short term.
BTC starting to look a bit bearish after a solid climb to lower 10k ranges.