1. We have broadening wedge in bull market 2. We have parallel channel up with fakeout 3. We have breakout of strong level with volume and retest with volume. 4. No bearish divergence present Target: 34 Stop Loss: 16.40
Altcoins about to explode with restest of the cup and handle with V recovery and than small retrace on head and shoulders retest. Than 22. The Altcoin bull run is in the begining, Maybe the final explosion will be when Bitcoin goes down sharply, so for now it's better to trade USD based pairs, but after breakout of 12 and retest the BTC pairs will outperform.
IDEX Good trade setup everything is on the chart
on diagonal cross support rising RSI decreasing price
I expect one wave down than some consolidation and continuation
Dobule bottom on Ethereum, targets are the arrows
My view is that bitcoin is in parallel channel right now which means nearly sideways.
Possible reversal point for ETH on short time frame