mattzzz
@t_mattzzz
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mattzzz
In the next days ETH should break from this bullish pennant. If it can claim and successfully confirm support at 2200$ the price 2500$ should be next.
mattzzz
BTC is moving in this ascending triangle where it is "trapped" by the strong resistance at 38k. By the end of the week it should be able to break towards 40k from where it will go down again to test 38k. At that point we will see if it will continue to the upside or we can expect a bigger correction.
mattzzz
Just an idea... The area 26.600 looks very much like the landing zone for this movement we are seeing. I am expecting a strong support in that zone and a rebound of BTC that will continue with the upward movement from there. Good luckSuccessfuly returning and closing the daily candle above 28k means we continue our path upwards like shown in the chart. I dont expect any more shorting.The missing horizontal line at 28k is the one at 29.300 :) Dont know how i managed to throw it up there like that... probably some key shortcuts or clicking of the chart going backwards. sorry for that :(
mattzzz
Following the descending channel...Double top at 0.118 area.Most probably will break the support level and will fall to the next support at 0.108
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