If this pattern happen for USDT it makes bitcoin decreases more!! so pay attention to this chart carefully and be ready for reaction.
Ethereum like others is under pressure it had a ascending channel but it is broken in my opinion we go downer.
As you see ADA decreased significantly then created a flag and as it is clear price broke this flag so we are going lower. This is my prediction for ADA be safe friends.
Right now we are seeing that price broke pattern of triangle so probably it goes lower!!
As I said last day if price closes bellow 44700 in daily chart it is not good for market, I see an opportunity to sell in pullback as a first resistance in 1 hour timeframe then I look how the price react to red area if it crosses I will enter otherwise I look forward to first support at average of 100 around 41500 dollar.
We are looking at USDT Dominance in weekly chart that indicates an ascending channel that it is not good for market so be careful about that if USDT increases according this channel then bitcoin will decrease in weekly timeframe.
In daily chart we had a strong resistance area that it is clear with red color and bitcoin crossed it but when trend arrived to average of 200 it followed by a rejection till under the red area it is very bad also you can look at RSI the trend is broken. So if this candle closes under 44700 and can not return to above of the red area personally I will sell it in...
This is a channel for one week and as you can see the price has distance from cloud of Ichimoku and as long as we have not got any bad news for Bitcoin it goes up on its channel and it has resistance on 1.142.
You can see daily chart of EOS for almost 2 month and The price has crossed the trend line on chart and RSI, also we have first, second target that you can see on chart.
We are in this channel and the price is dealing with 0.5 and 0.618 on fibo chart, as you can see price can go up after completing correction
I think after completing the pattern of A B C D, Bitcoin will go up