Target: 4900 USD Ascending triangle preparing breakout.
Expecting a key resistance retest. Later on we will see altseason.
Targets: 116 USD 160USD 400USD 1000 USD 1700 USD Ascending triangle bottom Correction ABC done (could become rectangle though), but perfect entry point
Again we can see Hash Ribbons on. In the past the indicator barely failed. Another point is BTC dominance is above support and may increase in short term.
Expecting a bullish movement starting from this point. We see that an accumulation is forming above the previous ATH of 2018. Monthly indicators are flat at bottom too. Another bull run to Fib zones is expected by myself.
We can see many similarities in BTC chart while using some indicators. - Gaussian Channel - during the bear market we cross it down (weekly time frame) after the peak and retest of its top. - 20MA monthly - BTC is retesting it. - EFI - precisely shows top and bottom with bullish divergence. - 50% Fib correction happened.
BTC accumulates near a resistance in a bull flag. Expecting retesting at least 61.8% Fib zone around 39k USD. We can also see the breakout of the bear trend in green with a pull back.
The major resistance with weekly RSI overbought could mean altseason nearby. Main alts are accumulating in bullish patterns too, like BCH and ETH.
The long-term resistance was clearly broken by XEM and I am expecting a retest of the green resistance, around 0.08 USD.
THETA looking good against BITCOIN. Expecting a bullish movement after finding support near Fibonacci areas and breaking the black resistance.
SNX touched the support near 737 satoshis and seems to reverse the trend. I am expecting a bullish movement after breaking the resistance and finishing the pullback to the blue line. Weekly indicators are oversold.
USDT.D is near the top of a parallel channel. I am expecting a bullish movement in the crypto space that will dump the USDT dominance to the bottom of the channel.
After a long bear market I believe we can accumulate crypto currency from this point. - We can see a long term parallel channel bottom that holds the price now. - The price holds above weekly 300 MA a good support in the past. - RSI and Stochastic are oversold and above historical bottom.
We can trace a long term parallel channel for BITCOIN with some penetrations. The bottom is near 30k USD, a little bit higher. MACD daily shows bullish divergence and weakness to the bears side as we approach the bottom of this channel. I am expecting a turn around soon.
Whales will bring it back to the fight region. Indicators totally oversold.
TOTAL2 trades in a parallel channel. I can see a possible turn around here and pump till the top of the channel. MACD seems weak on the bear side.
BITCOIN is trading near the bottom of a parallel channel. I am expecting a turn around and movemend to the top of this channel. We can see bullish divergence on RSI and Stochastic daily.
The blue support broke near a strong resistance level, with bearish divergence daily RSI. Expecting a return to retest the black support and possibility of breaking it down. Lower highs taking shape, a possible descending triangle could happen.