Rachel completed her degree in Mathematical Finance in 2009 and has since been involved in technical analysis of various markets, such as forex, commodities, and digital currencies.
Ethereum could be due to resume its selloff if the descending trend line on the 1-hour time frame is able to keep gains in check.
Bitcoin has broken past a descending trend line on its 1-hour time frame and seems to be setting its sights on the next upside targets.
Neo is trading inside a descending channel on its 4-hour chart and has just broken below the mid-channel area of interest.
Ethereum broke below its head and shoulders pattern to signal that further losses are in the cards, but inflection points are holding so far.
Bitcoin continues to gain downside momentum, setting its sight on the next support levels visible on longer-term charts.
Monero is forming a head and shoulders pattern on its 4-hour time frame but has yet to break below the neckline to confirm the potential drop.