ICP confirming second bottom after the completed harmonic was formed pointing to potential upside.
*this is my opinion only and not financial advice*
*trade at your own risk*
As BTC has pumped hard over these last days, usually the BTC.D cools down and some of the profits flow into alts.
Bearish divergence could play out causing BTC.D to retrace and pump some life back into altcoins.
**Not financial advice**
BTC could be forming a classic bearish bat pattern but it still has some more upside until the formation is complete, a zone to look for an long would be around 33k targeting the 40k region.
In case of rejection in the 40k price area expect this pattern to play out, but if it shows strengh and breaks this area I see it as a very bullish signal.
I do not wish for...
I see this idea as a very likely possibility, by testing .51 as a bottom it is repeating the same pattern after the SEC case announcement dropped. Hopefully BTC keeps moving up and this plays out.
Not financial advice.
RAMP has been printing harmonic patterns and all of them have been playing out quite nicely. My next target would be in the range of $1.10/1.20 .
**Not financial advice, this represents my opinion only.
Not a financial advisor, this only represents my own opinion, please do your own research.
BTC is forming an inverse H&S pattern on the daily chart and holding above the 20ma, if we break the 58400 region we'll most likely go for the 62k/63k region.
Only my opinion not financial advice
All retraces so far have been testing the 50p EMA and right now it is doing exactly that. If we hold it may follow the trend and keep rising as it has been doing previously.
*Only my opinion not financial advice*
EGLDUSDT is going to make a move any moment now on the 4h MACD showing a bullish divergence ponting to a move towards the upside.
*Not financial advice, trade at your own risk*
I believe we could be at the bottom in the XRPBTC pair in case we break out of the triangle expect a big move to the upside.
*Not financial advice, trade at your own risk*
When in doubt zoom out folks. From a TA perspective we see an old key level being turned into support once again showing more upside potential, but keep in mind that this is crypto where TA is not always reliable especially now that Bitcoin has breached the 50k zone. As long as Bitcoin does not drop significantly we...
*Only my opinion, not financial advice*
XLM could be looking for a bounce after the retrace. RSI and Stoch showing signs of a recovery at least for the short term.
*Just my opinion not financial advice*
XLM looking to bounce, I would just wait for confirmation on the RSI for a bit more but it seems this correction should be over soon.
