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PHB/BTC looks similar to QSP before a massive breakout

Forming a pretty decent ascending triangle, MA100 on 12h acts as a perfect support. As long as PHB holding above it I expect PHB to breakout📈

🎯Breakout targets on the chart
Like the majority of the alts, NEO/BTC has also been accumulating for quite a while

Now trying to break out of the upward channel

📍Looks like NEO has broken through the Point of Control on VPVR, but the price needs to sustain it

Major MAs are below providing support

Bullish at the breakout
WAVES/BTC recently tested the resistance again but didn’t manage to sustain the breakout. Another rejection as the result

[ If the resistance gets touched for the third or fourth time, it becomes a level that is going to get eventually overtaken. Yes, it may reject the price again, but the probability of that happening is low ]

📌Golden Cross between EMA50 & EMA200 is present on the daily

💡I do not rule out another curve down (but not lower than the previous one and not lower than the long term MA), but WAVES breaking through the resistance is a matter of time
🚀 BTC hash rate hits new All-Time High!

The higher the hash rate, the more power there is - this implies that miners believe in the profitability of mining, and have a desire to increase network security!
CryptoBullet
BTC update So, BTC closed the daily above MA50 yesterday Today the price has tried to go back below it, but the bulls stepped in and we left a wick below MA50 Need to see the daily close, but things start to look slightly bullish🐂 ❗️However the lack of…
BTC update

My previous analysis was quite on-point!

Like I mentioned, going above 9450 was a full switch to bullish trades

And look at that: today BTC reached 10.2k! Congratulations to those who followed my analysis!

Good to see some volume finally showing up, but it’s not remarkable yet

🔑 Key level to close above is 10-10.2k. If we do, I expect BTC to go above 11k
🚀 Gold Hits New All-Time High!

It took almost 9 years
📍CME BTC Futures Gap: 9925-9645
⚠️Funding on BitMEX hits dangerous value for the bulls
⚠️Time to be cautious since there is a TD-9 Sell on the Daily BTC chart

📌This indicator has been pretty accurate at calling local tops resulting into 5-20% pullbacks

If we don’t manage to close above the resistance level today, this will look like a perfect top


In addition, there’s a decent gap on CME BTC Futures at 9925-9645 + Funding on BitMEX is pretty high, which incentivises a Long Squeeze
CryptoBullet
LTC update: post-halving syndrome On Aug. 5 (the day of LTC halving) we mentioned that LTC can have some issues after the halving like in 2015. Right now LTC is playing with dangerous numbers by testing that horizontal level. This picture does not look…
LTC update

Like I said back in December, breakdown of that horizontal line was disastrous for the price

📉 LTC fell down by more than 30% since then

But after the darkest night comes the brightest day☀️
Average BTC Transaction Fee rose by 280% this month
(However still lower than the value of May 20th)

Fees typically spike with higher network usage and given Bitcoin's recent rally above $11k
The longer it takes for BTC to kick off the bull run, the higher the top will be!

Currently this model projects the BTC top at $76.9k 🚀
BTC update

When you consolidate for a long time, which we did, and volatility gets really low, which it did, then the following move is expected to be very significant and I would expect the first consolidation to be a re-accumulation phase

💡I am viewing the current relatively small consolidation as a nice Ascending Triangle which has more chances to break out to the upside📈
CME BTC Futures (BTCN20) expiring in ~1 hour!

📍These are the Half Yearly Futures and they were launched on Feb. 3

Expecting some volatility since BTC is consolidating & getting ready for a breakout
$NWC token looks promising here on KuCoin & HitBTC

It broke out of accumulation recently and and seems like it is re-resting the prior resistance for support

Local parabola was established off the lows, and there is no evidence of its failure yet

EMA50 is in line with the parabola providing additional support

Also keep an eye on EMA21, it’s been catching the dips perfectly lately