vinceangelomendiola

Ethereum is still intact on its bullish continuation pattern. Since it creates a healthy pullback for its 2nd wave, we'll see if the 3rd wave will be valid in the coming weeks. Overall, the Eliot wave with a target of 8k on its 5th wave remains intact.

Ethereum possible pullback before reaching its ATH and soon goes parabolic. Using the Fibonacci retracement could give us an idea of its stop points.

Bullish cross between 200MA and 50MA spotted on 4 hour timeframe and appearance of green cloud. This would suggest a short term bullish outlook for bitcoin for the coming days.The golden cross on daily time frame could follow by 1st or 2nd week of September and would drive the price to 65k-70k level.

XRP crosses its ma200 and ma50 which signals a significant bullish momentum for the coming days. The MACD also starting to cross the upside trend. There's also a possible continuation of this bullish momentum and a rally toward the previous ATH if it cross the wedge on the weekly timeframe.

Bitcoin's weekly timeframe is still bullish. Elliot's 5th wave correction could have another leg for a short-term bearish sentiment and could reach double bottom for the daily timeframe before it bounce back and break the 74k level.

Bitcoin could have a steep recovery but with a possible correction(fib retracement to the golden line) if it fails to break the 200MA.In the long run, the bitcoin cup and handle bullish pattern is still intact.

BTC probably reached the bottom hand of the cup and handle form. This drastic move of BTC most probably wiped out the day traders who entered the hype during the bitcoin ETF on March.

Forming 45% angle is a perfect uptrend, not too steep indicates less fomo traders and more strong hands. The RSI needs to cool off so we need to consolidate and have enough strength to break the 74k level.

This chart will serve as a speculative trend analysis for the upcoming few months. Disclaimer, not a professional financial recommendation. TYOR.