I have been mostly just focusing on XBTUSD but am still taking a look at altcoins every so often. Here is Vertcoin side by side Chainlink's falling wedge breakout. Long here, especially considering the market sentiment around crypto being bullish in general.
Just posting this to see how it plays out in the next couple of months
Red marks along fan lines are a visual on how long it took to break through resistance.
This is a chart set-up I had around January. It has honestly held up pretty well. I've updated it to chart the next month or so and changed the colour scheme. Crucial moments here for Bitcoin. If the previous low does not hold up, it's possible we could fall to the 4000 and 3000 level. I am expecting a bounce followed by an attack at the Kijun as we previously saw...
Just experimenting, predicting long here with time+price fibs.
An update on a previously posted chart. Bounce here is cruial or we are going even further down.
Ichimoku signals highlighted. Price action supporting signals is bullish. Top of Kumo highlighted to represent initial resistance. Piv point resistances added to get secondary outlook to potential support and resistance prices. Potential cup and handle forming. MACD upwards growth. Alts rely on Bitcoin remaining steady. Be prepared for swings and choppiness...
Price action in anticipation of MACD cross. Cloud break. Short term downtrend break. Long term downtrend is ideal resistance. Upper bound of ~14572 and lower bound of ~12524. Realistically a price resistance of ~13.5k. Market sentiment became increasingly bullish. #Bitcoin $btc