Hi, I'm bringing you a cryptocurrency update today:
1.MATIC 4Hr Idea
Idea showing a higher lowdouble bottomon Matic 4Hr chart
A bottom here would be strong for MATIC on many timeframes
Shown the bottom with the bars pattern
2.TOTAL2 - Bull Continuation
4Hr chart for the altcoin MarketCap (TOTAL2)
Some important channels to be considered, and a potential rise to the diagonal dotted line
This will be the smaller rally before larger one building
3.BTCUSD Magnet
An idea on BTCUSD showing anup channeland sectioning the down movement to allow recovery
I expect a move up following the formation of this bullflag in greenrectangleabove channel.
The bulls are still in charge currently
4.BTCUSD Similar Positioning Along 50MA
The 50MA on thismonthly timeframehas provided a lovely support for price consistently since the early 2016 beginning of the bull run
This will likely continue to be the case and we will see a parabolic rally above this 50MA, similar to the one in the earlier greenrectangle
Bullish
5.BTC.D - Solid Overall Downtrend
I have plotted a massivedown channel on BTC.D pair
Price is current experiencing however a small up phase which can be compared to an earlier state within the green rectangles
Small up to about 50% then return lower and altcoin dominance raises
6.BTC.D 50%
I have a current target of 50% for BTC dominance.
A large bowl structure has formed and looks to break the middle line of the overarchingdown channel
Here is a previous analysis of mine on BTC dominance that shows this down channel more clearly
7.ETHUSD - Plotting A Parabolic Rally
An idea for long term ETHUSD
A channel can be drawn to 20K with this parabolic rally
I just think its appropriate for ETH to hit 20K as BTC hit 20K in 2017, its just a matter of time
Curved lines are just thoughts
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