NOTE: Patterns have been very dialed in of late with large altcoins moving up strongly as expected in yesterday’s early updates.
THE NEXT MOVE FOR THE CRYPTO MARKET IS IMPORTANT ON MANY LEVELS
Now to confirm the ST bullish case and potential IT bullish wave, we watch for follow through and see if pattern targets get met.
A few keys we’re also watching:
—As we post this we’re seeing BTC move up to the key $8400 level so the entire crypto market is at or around key breakout levels (with some cryptos already well above, and a few lagging).
—Large altcoins. They’ve moved up and many have broken out of their bullish patterns (BCH, ZEC and XRP as noted yesterday– updated XRP chart below). Now let’s see if they meet their targets.
—Small altcoins. Many have moved up nicely over the last week or so, but most have a lot more upside per the bullish patterns we’ve shown (GNT, LBC , DGB and EOS are just a few of the many examples we’ve shared).
If BTC moves up strongly, let’s see what happens to altcoins and especially small altcoins — if they move up as well that would be a very bullish sign for the crypto market.
3 CHARTS BTC AND FUTURES STAGE IS SET — XRP FLYING BUT CLOSE IS WHAT MATTERS
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