Can one exchange break the market?
50 day is blue, 100 day is pinkish, 200 day is orange.
First support is at lower current trendline, second support is at previous resistance were it meets the previous trendline below the 50 and 100 MA, and if the 200 day at the 3600 support fails, expect 3200 - 3000 BTC.
XRP is ready to GO - but volume will dictate when. If we get volume in next few days the breakout will be nice. Golden cross on 100/50 already happened, 200/50 is closing in. For the record, I dislike XRP unless profit
Small retrace the test of major resistance. If we flip that red line, BTC dominance should fall below 50% and we will see huge surge in alts - some call it ALT SEASON.
If that strong resistance isn't flipped this idea is invalidated and must be revisited.
Not looking great short term for Eth. Strong resistance (red line) is pushing ETH out of its current trend. If ETH push through the red line, it may bounce between the 100day EMA (D1 chart) and that resistance turned support. Its getting squeezed hard, will it break down to 133 or 125? We will know in a few hours.
small breakout on open, volume good, accumulation strong - strong price movement likely but im using good risk management, small sell orders at resistance and move up stop loss below support with gains.
Ethereum chart looks like poor but a dump attempt was rejected, as can been seen by the dragonfly doji.
TA looks like a dump incoming, price action has fallen below 100 day ma but still respecting chart pattern bottom.
needs to be watched closely imo
