#ETH is currently bullish short-term trading within the rising wedge pattern marked in orange.
🏹As long as the lower orange trendline and the $3000 support hold, a continuation towards the upper bound of the orange and blue channels would be expected around $3333.
📉 After breaking below the last major low in red, $BTC has been bearish from a short-term perspective trading within the falling channel marked in red.
🏹 For the bulls to regain control, a break above the upper red trendline is needed.
📈 $OP has been overall bullish, trading within the rising broadening wedge pattern in red.
📚 As per my trading style: As #OP approaches the blue circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
1️⃣ Bullish #BTC As long as the $60,000 support holds, we expect the bulls to take over and push the price towards the upper bound of the orange channel. (to be confirmed on lower timeframes)
2️⃣ Bearish $BTC If the $60,000 support is broken downward, we expect a bearish movement towards the $50,000 demand zone.
📈 $ETH has been overall bullish, trading above the red trendline which is acting as a non-horizontal support.
📚 As per my trading style: As #ETH approaches the red circle zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)
📈 $ATOM has been overall bullish, trading within the flat rising wedge pattern in black.
📚 As per my trading style: As #ATOM approaches the blue arrow zone, I will be looking for bullish reversal setups (like a double bottom pattern, trendline break , and so on...)