Daily Gaussian Channel example showing a shift from the bear state to bull This observation leads me to believe we are in for more upsides for the bulls Lets go
The Gaussian Channel shows a bullish trend on this Monthly timeframe with a strong bounce off the middle line of the channel. This as a point of reversal allows ETHUSD and other altcoins to out perform BTC on a Monthly scale. I think BTC will Top very early compared to that of Ethereum and other altcoins.
A down trend can be drawn using the previous highs peaks Price has risen above this trend line currently and is finding support above it This is a bullish scenario with the further breakout upwards just a matter of time to occur. Daily chart
In each circle the alligator indicator can be seen to be stretched out or "open" When in a state like this bull action is most common This is the Monthly timeframe so patience is required for big gains, regardless we will be seeing more green days than red. BULLISH
ETHBTC is still acting bullishly on timeframes such as the weekly, shown by this trend line This leads me to believe that ETHBTC will continue this bullish trend. As a result ETH's value compared to bitcoin will increase. This would be an ideal scenario in a large altcoin bull market.
Assuming the bull run continues a large W pattern can be created on an angle with the dotted yellow line being the middle of this large structure. Date ranges are very similar from the start of the bear market in each scenario to the end of the bull run. There is still bull moves to come in this market.
As seen in ~2017 the bear phase is very short and leads to a massive rise I suspect this will occur for Litecoin again after years of weak performance Great long buy In the 2017 scenario price was similarly trending under the middle line of the channel.
An idea considering Bitcoin and the current bull run Using previous tops tops to show how the structure is changing over time This is better shown with a curve and normally shown that way but this another example. I think bitcoin will peak before the rest of altcoins and then a massive alt rally will ensue.
Strong Support is being found along the middle band of the Channel on XRPUSD Monthly timeframe. Previously this support led to the massive rise to ~$3 I wonder where the current support will push price to. Its gonna be massive.
A shift from the bearish red channel to the green bullish state is seen on this Weekly timeframe Expecting incredible results from MATIC/Polygon. Observational post. Very bullish.
Using the MACD on this monthly timeframe we can see a clear cross allowing bullishness on the monthly timeframe for ETH Just another example of why the market should act very bullish currently. MACD is a great indicator.
The bullish activity is evident when you take a look at the descending RSI on this daily timeframe, while the price is moving up. This is a huge divergence and I expect the breakout to be massive The curved pattern in green is where I expect the breakout to occur, which it is very close to.
This curved trend line creates an area of support for prices come down from recent heights This should be a short lived bear move so hodl strong. Arrow shows my thoughts about how I think price will move.
A long term idea for the market cap of alts Aiming for 10T and the green line I like MATIC the most right now.
ENSUSDT is very useful and a great coin I am long and bullish following this pullback The structure is kind of acting as a rounded top for a larger breakout?
A large triangle can be obtained using previous highs. MATIC is testing the trend line for the third significant time. I think this trend line will be broken and MATIC will break out upwards I'm very bullish I think of MATICs chart as ETHs was in its early days
A curve can be plotted on this daily chart for AKTUSDT if this remains intact we could be in for even more bull potential A bearish sign would be if this curve broke down significantly. Lets see if we see a bounce off the curve.
An idea suggesting a pullback to a strong horizontal level then price proceeding onward with the bull movement The bars pattern plotted is how I think price action will play out. AI coin