chmilee

chmilee

- $5800-$6000 is a huge resistance barrier (look at all the wicks in the red box). It has been "wicked" 5 times before breaking this level. Taking in consideration that this is the first try to break this barrier, I doubt it will. - 50MA a resistance barrier at ~$5600. - 50EMA + 100EMA a resistance barrier at ~$5250. - Fib 0.236 a resistance barrier at $5366 from...

chmilee

Up, up, up we go. It seems like according to Elliot waves, RSI, MACD and positive sentiment in the market, that we will continue the bullish trend.

chmilee

We will probably revisit $3500-$3600, before we go further down to $3000.

chmilee

Next target is $4140 - let's nail it!

chmilee

If this bullish sentiment is continuing, XRP could be the right horse to play!

chmilee

I hate posting bearish charts, but I don't see a way out of this scenario. No bull volume showed up, after several small breakouts.

chmilee

Stay positive in this bear market... Soon we will rise - I hope ;)

chmilee

Using log chart this doesn't look so bearish yet, but we need to bounce at the trendline... if we go that low!

chmilee

Buy now for fast gain...

chmilee Updated 

A week in crypto...

chmilee

Revisit of the falling trendline which now acts as support, then retest of the latest resistance zone around $7400.

chmilee

It's gonna be an exciting week, after multiple weeks of boring price action...

chmilee Updated 

Why does everyone call this a bear market? Looks quite bullish to me!

chmilee

Exciting to see the next $BTC move. Down to ~6100 or up to ~7000 ?

chmilee

The next week will decide if we go bearish og bullish.

chmilee

Let's see what will happen in the yellow box ($6500). If we go down, the inner trendline is broken, and we will probably revisit $6200. If we go up, then we will recheck the resistance around $6800.

chmilee

$BTC close to resistance line and falling wedge. I think we have to retest the support around $6100-$6200, before going up further.

chmilee

Leg 1 resistance is now at the test, and it will most likely hold, and we will go up to end leg 5 of the EW. In my opinion the resistance zone will hold, and we will consolidate with the ABC pattern to the support zone. Then what happens is up to the news in the market and sentiment overall. I believe in going up and retest the resistance zone, and the time will...