PA has the potential to break down to $8.5k where each horizontal support has held. If we see this tested and a bounce, then market structure is still in tact and long term bullish. Otherwise, we could see more downside if this breaks.
Expecting some downside with bearish divergences on multiple time frames. So this was a trade idea on the 1H.
#Monero looks like it'll retrace a bit more to an old support before forming a cup.
Still learning TA. Feedback welcome. Possible 9% gain in two day period for AION depending on how bitcoin does.
Here's my take on KNC. Looks like the same pattern is unfolding in the upcoming weeks. Possible entry at green box. Not financial advice. Feedback welcome. Looking to learn more about TA. Thanks!