Ethereum is forming a bull flag. There is also a hidden bullish divergence and MA50 MA200 cross on 4hr. If ETH can break 222-224 resistance, it will likely reach ~235. A bounce from the long term trend line will confirm a bullish reversal.
Small breakout on USD and BTC pair. If BTC continues upwards we might have a good pump with ETH
BTC is overdue for another leg up The triangle could play in both directions but I'm leaning towards upside to 16k
Possibly a good time to start buying alts.
ETHBTC has broken out of its downwards channel. Waiting for a few candle closes. ETHUSD has found support on the upwards trendline and strong support at $200. Voided if $200 support is broken.
Btc will likely retest the 200MA line. If it fails to break there will probably be a dump down to 9-8.5k or lower to 8k. Needs to have a few 1D candle closes above 200MA to indicate more upwards movement to the major 13k resistance.
Initial support found at 0.618 fib level but sells might push it down to 8.5-9.5k before a retest of 14k. Good luck.
Take notice of the trend line drawn. Each time price trades below/above this line there is high volatility. Will be interesting to see what happens as we approach this trend line.
Clear signs we will be retesting 9k soon. Likely a significant breakout to follow.