Long Ascending Channel since mid June. First bounce was 77% from bottom Second bounce was 62% from bottom I'm assuming third bounce will be around 42% from bottom, putting short term price target around $64,300. To break from channel we need to break above trend line at $75-$78k. Let's watch and see how this plays out. Not Financial Advice! Trade at your own risk.
Inverse head and shoulders is a good bullish sign.Have seen people also call this a double top, which is actually a bearish sign, but I have to disagree. Need to break $58,500 to hold support and head to $60k+. Short term: Bullish to $62-63k area, but expect another dip afterwards Long Term: Bullish, unsure of PT, but hoping to see $180K+ by end of bull run.
In a current uptrend. Need to stay above these price points on these specific dates to continue the trend. Hoping to see $5 by end of November. Not financial advice! Comment your price targets below!
Not a price prediction or financial advice. Just want to see how this plays out. Enjoy!
Just a Current Trendline. This is Nota Prediction. Just Keep Watching The Chart to See if we Breakout or Break Down. SHORT TERM
As long as Ethereum can continue it's bullish pattern between the parallel lines, we should see between $2,900 and $3,500 by June 13th.
So in the short term, Bitcoin is looking bearish. If it continues it’s short term trend, it will drop below the triangle in the long term trend and will be bearish. If it continues inside the triangle after June 8th then the short term trend will become bullish and could mean a breakout above the triangle is coming. If that happens we will still be in a bull run...
Ethereum is looking bullish. If we can break above the top line of the triangle (circled in red), then that will be really good. The parallel lines are ascending also, and if we can stay between those lines, we will break out in a bullish trend no later than the 11th or 12th of this month. *I'm new to charting. Any comments or advice is helpful. Please be constructive.*