$BTC.D - Might have completed its triangle. Noteworthy here that in the case of triangles, the last wave (E) rarely aligns with the AC diagonal. It either goes past it or falls short on most occasions. I'm leaning towards it falling short in this case. Which is good news for Alts. CT is mostly bearish, which tells me we are probably bullish here on the market as a whole.
Flokicrypto
$JASMY - Lost well over 90% since listing on Binance. This is one of my moon bags and I've started my DCA in the $0.0160 region. While it still has some space to dip, it is slowly curving with some interesting divergences. It could easily regain its ATH in the next push.
From the history on the Kucoin chart, I see this as finishing its ABC and on its 5th wave in the ending diagonal of C.
Trade safe, as always. I have no FA idea about this coin, this is purely a technical hunch.
$MATIC - Alt count, noot as bullish as other coins right now. Rather than seeing a full ABC here as pointed out in , I'm listing a full 5-wave A for an ABC ZigZag as an alt count. This is not to say the ABC is out of the question: the waves work and retraced more than half way. If we were to make a new ATH from here, it would be incredibly bullish.
We're now on the upside to make B in the bearish count. This is a move that could bring us above $2.00. I'm watching this coin very closely. No matter which move it makes, we need to be ready to capitalize.
Safe trading to all.
$CGG - Close to bottom. $CGG - Nice waves here. Kucoin coin... very close to a bounce. Double bottom not out of the question, but I think we can go a bit lower.
Perhaps the $0.40 range is a nice spot to long with low leverage. This could 10x easy. Wave 1 has 5 nice waves. the ABC also seems almost finished.
Safe trading everyone.
$SUSHI -Ready to launch soon. $SUSHI -Ready to launch soon. Looking at a double zigzag combo here. The waves are relatively nice but not easily distinguishable on the perp pair from Binance.
Chart here points to the fact that we'd be in in 5 of 5 of C of (Y) of 2, if you can follow ;) Don't sweat it if you can't. I find it hard to revisit an old chart with such counts...
What I'm looking for to long is a bounce in the area of $2.30 +- 3%. I wanna see an RSI above the oversold line to create a nice divergence on the Daily and below timeframes.
Safe trading to everyone.
$SHIB $SHIBAINU - Probably not done yet. $SHIB $SHIBAINU - Probably not done yet. Not ruling out a bounce from the double bottom, but I'd be more comfortable with a good ol' 90% retrace. There is confluence to the left of the chart before the start of the impulse at around 0.012878 (1000SHIB).
Nice impulse for macro 1 with an extended 5th followed by what looks like a 5-wave A structure. I highlighted where the divergences are for wave 5 vs wave 3, in case you are new to Elliott Wave Theory.
Safe trading.
$BTC.D - 100 EMA acting as a resistance. Alts to fly? 100 EMA acting as a strong resistance for the past 13 months. Hard to believe this will be the time it breaks.
There are a few patterns developing under the umbrella of that EMA. Looks like there's a triangle in there, bearish in this case):
Within the triangle a few things are to be noted: slanted triple bottom with triple divergence on RSI, Volume & Histo: but this has already played out into a final touch of the E wave of the triangle.
So we have to cases...Either we break out here and the market suffers for a long while... or correct down further and break down, which leads to the next alt season. I'm leaning towards the latter.
Happy and safe trades to all.