To keep myself accountable and keep practicing my TA I'll be charting the top 100 crypto's by marketcap over the coming fews days. Any feedback and tips are welcome.
Trend = bullish (HH, HLs).
Notes:
- Potentially forming a rising wedge here, which could point towards reversal, with price struggling to make HH
- Alternatively, a channel has been forming, with MANA currently at halfway point
- Currently struggling around D1 resistance. If break/close above bullish continuation in the cards
Ideas:
- - Currently struggling around D1 resistance. If break/close above bullish continuation in the cards, would enter a trade there
- If channel is accurate, expect move towards upside of the channel after breaking D1 R
- See note above, if rising wedge is accurate, could break down
Trend = bullish (HH, HLs).
Notes:
- Potentially forming a rising wedge here, which could point towards reversal, with price struggling to make HH
- Alternatively, a channel has been forming, with MANA currently at halfway point
- Currently struggling around D1 resistance. If break/close above bullish continuation in the cards
Ideas:
- - Currently struggling around D1 resistance. If break/close above bullish continuation in the cards, would enter a trade there
- If channel is accurate, expect move towards upside of the channel after breaking D1 R
- See note above, if rising wedge is accurate, could break down