Charts| Cryptos performance - LTC, ETH, AXS, COMP & VTC

Bixley
2023-12-30

Hello, everyone.

Today I bring you the latest on hot cryptocurrencies:

LTCUSD - Huge Double Bottom

LTCUSDT: LTCUSD - Huge Double BottomLTCUSDT: LTCUSD - Huge Double Bottom

A double bottom is forming on this daily chart for LTCUSD This I expect to break out bullishly within this channel. I do expect it to move way out of the channel it just was difficult to plot. Bullish eventually.

ETHBTC - Update

ETHBTC: ETHBTC - UpdateETHBTC: ETHBTC - Update

A large bowl structure or rounded top forming for ETHBTC Currently still experiencing a bearish phase but when completed a bullish move can ensue. I expect this move to be along the green dotted line as it is a major trend line for ETHBTC. Lets see what happens.

AXSUSD - Recovery Idea

AXSUSDT: AXSUSD - Recovery IdeaAXSUSDT: AXSUSD - Recovery Idea

Using the chart pattern of an inverted head and shoulders to suggest a recovery for AXS Plotted some resistance lines along the horizontals. Very cheap right now.

COMPUSDT - Recovery Idea

COMPUSDT: COMPUSDT - Recovery IdeaCOMPUSDT: COMPUSDT - Recovery Idea

Important resistance zones are along the green lines I have plotted a nice bowl structure that encompasses the bear move and the following bull move that is to come. A clear double bottom along the bottom green line.

VTCUSD - Reversal Attempt

VTCUSD: VTCUSD - Reversal AttemptVTCUSD: VTCUSD - Reversal Attempt

A down channel can be plotted using the highs of this bear run I expect another attempt to touch the top of this channel, or perhaps even break it. This attempt could be in the form of a slanted inverted head and shoulders.

https://www.tradingview.com/chart/LTCUSDT/xqj3HQbX-LTCUSD-Huge-Double-Bottom/

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Comments

  • twiggy
    2023-12-30
    twiggy
    Crypto is surprising
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