To keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome.
Trend = bullish (HH & HL)
Notes:
- Ascending triangle formation in uptrend = bullish
- Currently needs to break the D1 resistance/0.236 fib level
- Price could inch closer to apex before breakout
- Volume decent, RSI trending upwards
Ideas:
- Expecting upside break of triangle here and continuation of bullish momentum
- Triangles can always break downwards, in that case I'd expect a W1 support retest/bounce
Trend = bullish (HH & HL)
Notes:
- Ascending triangle formation in uptrend = bullish
- Currently needs to break the D1 resistance/0.236 fib level
- Price could inch closer to apex before breakout
- Volume decent, RSI trending upwards
Ideas:
- Expecting upside break of triangle here and continuation of bullish momentum
- Triangles can always break downwards, in that case I'd expect a W1 support retest/bounce