Falling wedge structure on btc, Buy zone still the same area depending on your exchange, $9100/$9300 and target $11.180. But I still believe it will do one more retest of the buy zone before going to the target, if I'm wrong, the breakout point is above $10.100 target its the same $11.180
Just broke up the breakout level $10.100 meaning that I now expect $11.180 in the upcoming days
first short term target (intraday) $10.200 and swing target (will take many days) still $11.180
I double checked the swing target, I will make it $10.900 instead of $11.180
Target of $10.900 should be reached soon, then another retracement around $10.500$10.570 and one more bounce for a double top or a max high of $11.080/11.200. Bitcoin Current bounce is ocurring inside a descending triangle, and the Rsi is in the Neutral zone, I still expect This triangle to break to the downside and the daily rsi should reach the oversold area, so the buy zone will be close to the 200 d ma, between $8000/$8500. This idea is cancelled only if bitcoin reaches $11.400/$11.500 then we can expect further advance to new highs.
Ascending triangle with hidden bull div, support at $10.520/$10.550 resistance of the tirangle $10.800. In other words still waiting for one more leg up to the sell zone $10.900/$11.060
Some Exchanges reached $10.950 others $10.900, give it some time to keep distributing, once it breaks $10.400 and closes a 4 h candle below next target is $9300, maybe one more small bounce at that level and then break to $8000/$8500 keep, you updated
Some people want me to update more often, but there is no need for that, the less trades the less mistake you make, weekly, daily, and 4 hour chart are good enough to trade and make good money, smaller time frames are not so reliable and give you to much stress
Xrp/usd shows a falling wedge with a bullish divergence on rsi, a breakout above $0.268 will confirm a buy signal, a stronger resistance point is $0.282 breaking that up will lead to a strong move to the upside, which I think is very likely.
ltc broke the downtrend line looks like reaching $76 this is an important resistance, breaking that up and closing a 4 hour candle above it will lead to more upside,
eos had a brekout of the downtrend with a bullish divergence on a daily chart, next target $4.45
btc next resistance $10.790/$10.800, I know is confusing because we are expecting bitcoin to hit lower levels but altcoins are showing bullish signs. thats why i dont like to trade altcoins, they make it difficult because they often depend on btc chart. For now, btc could be sideways for some days and altcoins may have time to go up a good % before bitcoin keeps correcting, as long as bitcoin does't go above $11.100 I will be still waiting for $9300 and then lower ($8000/$8500)