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:
- Bullish channel formed
- Respecting the recent H1/D1 supports nearby
- Potential bullflag forming inside the channel range
Idea:
- If bullflag is valid, expecting break upwards
- With low volume/high selling volume I can also see a further retracement to fib 0.5/fib 0.618, since the RSI seems to be trending downwards well
Trend = bullish (HH, HLs)
Notes:
- Bullish channel formed
- Respecting the recent H1/D1 supports nearby
- Potential bullflag forming inside the channel range
Idea:
- If bullflag is valid, expecting break upwards
- With low volume/high selling volume I can also see a further retracement to fib 0.5/fib 0.618, since the RSI seems to be trending downwards well