Bixley2

Bixley2

ETHBTC has jumped up and has formed a short term bullflag Has ETHBTC bottomed? ETH ^^ Daily chart

Bixley2

A nice bullflag structure has presented itself on this daily timeframe I think this bullflag will allow ETH to catch up to BTC in term of alts vs BTC I expect a very strong bullish move to be coming in the next month or next month breaking out of this bullflag Green horizontal has been seen previously as a point of support.

Bixley2

Bitcoin is still above the ascending trend line in green however price is looking to form a next high reaching new ATH's This could lead to resistance at the next top creating a double top, pushing price back down to the ascending trend line. From there if this strong trend line in green breaks it could turn very bearish below that line. 4Hr chart

Bixley2

Looking for a third strong wave up within this expanding pattern as price hits support in white Moves up in green rectangles are similar Hourly timeframe with the horizontal dotted line as a strong support line

Bixley2

A bottom like this is great I suspect ETH will outperform BTC for awhile while altseason begins/continues A strange chart but a good one for a reversal Bars pattern shows my thoughts of a complete W reversal Monthly timeframe

Bixley2

Expecting BTC to slow down to allow alts to catch up to this massive run Once the bottom trend line is hit BTC will probably keep going Small Correction Weekly timeframe

Bixley2

ETH has reclaimed the 50MA this month and with a day until June i suspect the bull action will continue Monthly chart with the 50MA in yellow Keen to see where this goes

Bixley2

Great position for the bulls Weekly chart so its gonna be a long position Bullish bounce off the MA is expected and new ATH's for ETH and BTC will come Weekly timeframe

Bixley2

Looking at past price movement for ETH this area shows a strong upward movement which probably will repeat Very bullish time for altcoins especially after BTCUSD finishes its run Lets go

Bixley2

Monthly observation of the alt coin market cap chart Looks like the bulls are in for a treat Very bullish favor 50MA has held quite well Monthly chart

Bixley2

A major support line has been recovered on this ETH daily chart One that previously led to a strong breakout From here price will find support on this line and then pop off again Good time to buy ETHUSD Daily chart

Bixley2

As seen on chart price has recovered this line previously seen as resistance and is now using it as support This is extremely bullish for price as the resistance has essentially flipped to support Great time to buy crypto as new ATHs for Bitcoin are about to come Daily timeframe

Bixley2

A bullflag on the daily chart for BTCUSD suggesting price will move higher in which a bullflag is a bullish pattern indicated by the name I think Bitcoin will still move up but alts will outperform with this next move Daily chart

Bixley2

A chart for the altcoin market showing a rounded structure forming above the 200MA on this daily chart The 200MA will likely act as support and allow price to move higher Still bullish for alt coins

Bixley2

Listed a few bull targets once this breakout of the falling wedge pattern occurs Hopefully these levels are reached and the previous ATH is eclipsed Falling wedge is a bullish pattern, lets see where it goes Weekly chart

Bixley2

Expecting a move down to complete a larger inverted H&S This aligns well with a horizontal support line 1hr chart Short target in the green circle to the right at about 937

Bixley2

A structure that allows continuation upwards on this daily timeframe Price has become very bullish It has been sitting at 1T for too long, extension is likely This is an ascending broadening structure

Bixley2

Support has been found along the 200MA on this 4HR chart This line has previously been seen as an area of strong resistance but now its showing signs of support This is a sign of further movement up on this 4Hr timeframe