It seems after breaking the short-term downward trend, BTC can grow...
It is approaching a significant PRZ (the pink box) and saving a part of the profit is advisable.
This scenario is a little dreamy but not impossible. Harmonic pattern AB=CD and PRZs according to the Prechter method. I believe it can reach its first PRZ of around 2$.
Long-term Harmonic Pattern AB=CD ? With this chart and base on this pattern (in case it happens), the long position could be rational.
The trend is very attractive in the longterm. If it can be stabilized above its historical peak, the targets are very attractive. On the other hand, due to the current resistance zone, ETH can be very risky at the moment. It must be monitored...
The trend is very attractive in the longterm. If it can be stabilized above its historical peak, the targets are very attractive. On the other hand, due to the current resistance zone, ETH can be very risky at the moment. It must be monitored...
According to the trend and breaking out of downward trend, EOS can put in watch list...
As you see we can consider a downward channel which has broken out and reached its classic target. It is very risky now.
According to the trend, a harmonic pattern AB=CD could be imagined with breaking the short-term downtrend (black line). Resistances and targets have been shown.