There is similar chart pattern with previous parabolic price movement. As you can see $ADA had just broke its triangle. RSI showed similar pattern as previous parabolic movement price. golden larsson line further support this. I'm in the opinion that if ada/btc pair able to maintain and rebound from current support, it will surely be bullish again. I wish we can...
$BTC chart shows a very strong BULL pattern with latest breakout of right shoulder pattern formation. I'm guessing we will be seeing the new ATH 70K USD by this weekend !
From the chart, we can see that after a period of consolidation, $SOL broke the ascending triangle, subsequently forming an inverted head and shoulder pattern. The price keep climbing up and now currently forming a new ascending triangle pattern. I'm 99% sure the price will keep on increasing, and I'm aiming a price point of ~ 1K USD.
If you analyse the chart, you could find a repetitive pattern of breaking ascending triangle followed by parabolic price movement. Can $DOGE fly again ? please share your view
It seems that $SHIB has failed to break the ascending triangle and broke downward instead. If it failed to retain to its previous support and bounce back up, it may be bearish afterward. We'll see together.
After the first parabola, ETH had double bottom and broke upward, with subsequent cup and handle formation. Larsson line continously showing gold color indicating long term bullish trend. If we copy the 1st parabola and applied it to current position, there is a possibility of ETH reaching >10K USD. Keep #HODLING !
Cup and handle formation with ascending pattern, plus gold Larsson indicator is still a strong indication that $BTC is still bullish in longterm position. Keep #HODLING my dear bulliever !
$COTI chart againts both USDT and BTC shows cup and handle formation together with ascending pattern. Larrson line also shows gold color. All these pointing toward BULLISH trend. Beras and disbulliever will get killed in this trade.