glnkty
Below red trend line can be used as stop loss but still has volume and can push for one more leg up.
Close below green trend line means stop.
RVN is at dip levels after a long way down and currently has one of the best alt setups. Below 220 could be considered as stop loss with very high RR ratio.
As long as it stays above trend line support, can be expected move up. Below trendlne stop loss.
It seems like we are completing wave C and till now BLX 200 EMA supports well. It is time to test upper line of resistance around 10500-11000 before halving and come back to test again this support right after halving. *Not a financial advice, just an idea!
I think BTC price is still in correction phase. We can see $5500 as 0.382 fibonacci level and retest of BLX Weekly 200 EMA. probably right after halving, we will drop these levels and will start long bull run.
We can be in the last step of a falling wedge. For short term relief but for mid term we are still on the way down.
If we invert the chart it seems like we are in wave 4 and possible 1.618 extension of wave for is around 1335. For this we can expect BTC price around $5000-$5500 and BTTBTC price around 2.5-3 sats.
positive divergence on 4 hrs. It is time to take a breathe.
As you can see all pairs we have bullish divergences on daily basis and almost in ATL levels. Triple bottoms in BTC pair. For midterm can be considered. A coin supported by Binance.
We may think either BTC price will increase or Justin Sun will make an announcement of an announcement.
I am not an EW fan and expert but previous prices make me think that we can be in a wave 4 and correction of huge wave 3 ending above $19000. The last $13900 price ended at 0.618 of fibo retracement from $19000 to nearly $3200 ( Wave A) and then we saw $7300 that is 0.618 retracement from nearly $3200 to $13900 and could be a perfect C of 5 step triangle...
Stratis can be in accumulation phase and has one of the most promising charts. A good setup for midterm and has many events till end of this year. We will see is this the end or just the beginning for this shitcoin.
Bear divergence on 4 h and maybe retest of neckline to provide healthier alt dominance. Waiting a last reaction of BTC dominance before H&S and a good December for alts.
If EOS can stay above neckline this could be a good long opportunity.