DOT has successfully broken through and retested strong resistance and is ready to make movements. This along with the positive sentiment returning to crypto in general could mean serious gains. Do your own research. Wait for daily close.
Eth has fallen to the bottom of the channel that was created in the last run a month or two back. Eth has fallen harmoniously with BTC in order to regain steam. A passive breakout of the falling rectangle is the most possible event. We must also wait for BTC reaction and pullback to have clearer insight too long. Right now shorting seems to be something to...
BTC seems to be retesting the long-term trendline (blue) that was created back in October 2020. Although a break lower is possible, more likely BTC will successfully retest this area and seek new highs. I say this because of the visible wearing of sellers around the 47000 range. Only time will tell, do your own research and wait for daily close.
BTC has now broken and confirmed a major trendline (in blue) dating back to DEC 2020. The last time BTC created this trendline we saw gains of 121% in a matter of a month and continued to grow from there in a rather parabolic fashion. If we see similar enthusiasm from investors this time around, we could see 100k in as close as September. Either way, BTC is a good...
$40,000 seems to be the level to beat for BTC but as we just saw in a matter of minutes accumulation occurred below the $38k mark confirming again the massive bull flag formation. I believe with that flash buy sellers are being worn out by the hour. We can also see BITFINEX:BTCUSDLONGS is picking indicating further buying from traders as well as long term...
Based on the long wick on the bottom of the current candle, ETH has tremendous buying pressure below the now broken resistance of $2600. A quick look at BTC and its consolidation below its resistance gives ETH a golden opportunity to make stronger moves. When BTC finally ends its bull flag formation it singlehandedly will bring all altcoins up with it, it is a...
Among bullish news from on-chain progress on ETH 2.0 and the London hard fork, ETH has broken out against Bitcoin and has seemingly confirmed a trendline break. Either way, if BTC continues its consolidation while ETH continues to move or BTC makes a move towards higher levels and by convention moves ETH towards a higher level. Wait for daily close for confirmation.
BTC passively broke out from the descending channel and confirmed buyers within the 38-37000 range. Continuation of this could lead to a breakout or more resistance from sellers at the upper range of what appears to be a bull flag. A strong daily close would confirm an upwards reversal. FOMO could lead to a complete breakthrough on the initial bounce. On top of...
Many projecting retracement below $38k but bulls holding this support will result in an earlier bounce back into 40-42k resistance and even a break out from there. Watch close for the daily close. COINBASE:BTCUSD
