Hey, Something I've seen and also btc pair backs it up. I've seen btc/iota and eth/iota and compared similiar runs and there is a reason to believe a move up is ahead. Then I went to check the dollar chart and saw how we turned resistance logline into a support and confirmed higher high and and the same time we are trading in a perfect cup bottom while holding...
Something to keep an eye out for. If BTC USD bounces on the crossroads of up and downtrend it forms a cup and handle and target near 11 000d. Bounce support area market as an orange eclipse.
My buy zone idea for new entry / I would probably entry some alts instead of btc though for more profit - but I'd like to say crypto entry point. Be aware for possible dead cat formation from the future bounce back, follow the new trendline that will be formed and respect the support levels! If you like give me thumbs up. Thanks!
Good chance to hop on and enjoy the ride, hopefully BTC doesn't kill it. :) Pick yourself targets that are fitting to you.
Hey guys, This seems rather clear, NEM/XEM has succesfully passed the resistance on latest downtrend after the impulsive wave upwards - the support upwards is growing and the only possible stop to this I see is a BTC beatdown, if that doesnt happen, I see this as possible alternation within an impulse elliot wave. We are just finishing the First wave up and...