Hello, everyone.
Today I bring you the latest on hot cryptocurrencies:
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
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
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
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
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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