I displayed 2 scenarios with high probability to happened. The both are bullish..
I discovered interesting thing, generally a cryptocurrency trends to mimic its past. Here we can find a lot of similitude like a fractal schematic. For the next days, bearish trend fo me.
The bubble on the ZCL is finally broken, a despair mouvement is going to continue. Be alert on the RSI for buy the dip ;)
Due to the good health of the BTC, the dash will certainly join soon its oblic resistance. Level around 638$ should be monitored ...
BTC seems well gone to broke the long term decreasing oblic. We have to monitored the potential pull-back on this oblic resistance. If the pull-back leads to a rising wave => BTC bull-run will start. Else we will go to the cellar... image.noelshack.com
After the LTC broke out strongly its oblic resistance, we can see a bullish dynamic. The RSI has been rejected by its neutral zone => bullish signal confirmed (at least for short term). The target 230$ shoud be monitored.
Next target critical target : 31.28$
It is of course a joke, at least I hope .... image.noelshack.com
Double bottom before a new rising phase PS: This analysis is only my opinion, nothing is sure in the crypto's game =)
Btc will be rejected by the decreasing oblic resistance and fall around 3k$. PS: It is only my opinion and not an investissement advice