CryptoSlots777

CryptoSlots777 Updated 

Perfect hit on previous ADA setup. Looking like we are in the last wave 5 on daily. Fibonacci Extensions are in confluence and suggests targets are in between ~3,2$ and ~3.3$. 1H wave count looks like we are not done correcting. Entry : The 4H looks like a bullish falling wedge, so we can trade the breakout with an entry price around ~2.64. Because 1H says...

CryptoSlots777 Updated 

A small comparison between BTC top at 64k on daily and ETH now on the 4H 4H looks like a classic Wyckoff distribution pattern. Support at ~2800 and ~2400. Most likely it will make a bounce and then make a lower high and then dumping to 2400$. At least that is what the fractal suggests.

CryptoSlots777 Updated 

RSI bearish div on daily and weekly. Entry: 2.9 SL: 2.972 TP: 2.49 4H looks like a rising wedge with multiple bearish divergences. Nothing else to say.

CryptoSlots777 Updated 

Wave counting suggest we are in the final wave of this bounce. Second wave bounced off the first wave Fibonacci Extension at 0.618. 1.618 coincides with 0.618 from top to bottom. Could this be basically a big B bounce wave of a larger ABC correction. This is no place to long. BTC will most likely consolidate for a period before resuming pump. We can see a...

CryptoSlots777 Updated 

ETH price action is contracting in downtrend forming a falling wedge. We do see bullish divergence on MACD histogram and RSI on the 4H By my count we had 5 waves down we should at least see a ABC correction up. Entry : 0.786 Fibonacci ratio at ~1865$ 0.886 Fibonacci ratio at ~1796$ For a more conservative approach we could wait for breakout from...

CryptoSlots777

Daily reject again by the 20 EMA, lower high. No breakout on the RSI trendline. 1H looks like a bear flag rejected between 0.5 and 0.618 Fibonacci levels with a potential measured moved target of ~30200$. Targets lines up with Fibonacci extension 1.618. We could be forming some sort of bullish cypher but it is still in development on the daily.

CryptoSlots777 Updated 

Potential Triple bearish divergence on MACD on the 4H. Potential bearish divergence on the RSI 4H. Rising wedge formation. Elliot wave count at 5 should be followed by ABC correction. Entry should be around ~2450$ or breakout of the wedge at ~2300$ . Stop loss should be a close above rising wedge around ~2500$ . Target is the bottom of the wedge or...

CryptoSlots777 Updated 

We broke out of the descending broadening wedge, we confirmed resistance as support twice at B and D of the bullish harmonic pattern. We did by my count 5 waves up and we are currently in a ABC correction. Forming a head and shoulders pattern with a measured move below support line at around ~31.5k. That is still a higher low but that would break support. Fib...

CryptoSlots777 Updated 

Long Term Daily is starting to show some seller exhaustion. We have not seen this much volume since the Covid crash. We can clearly see resistance and support on RSI on daily. A close at ~30k on daily (Today, Tomorrow) could create a bullish divergence on the RSI. Short term Looks bearish on the 4H and 1H. We broke out of a descending broadening...

CryptoSlots777

We have long opportunity once we break ~1.7687$ I'm expecting that we break above B and then test the red supply line. Once 1.7687 becomes new support level we should go higher and break supply line all the way to 0.786 or 0.886 Fibonacci ratios D point at PCZ ~1.9369$ or ~1.9957$. Entry: Break B ~1.7687$, back test it as support. TP1: 0.786 - ~1.936$ TP2:...

CryptoSlots777

Two Targets: TP1 0.786 Fibonacci ~56600$ TP2 1.618 Fibonacci ~68000$ Stop Loss is previous daily low ~48875$ 4H bullish div as well in confluence with daily

CryptoSlots777 Updated 

Bearish divergence on 1H and 4H Low time frame painting a descending triangle. First target is measured moved of the triangle at ~306$ Second target is the 0.618 Fibonacci ratio at ~289$ perfect alignment with a previous top. Idea would be invalidated if price breaks above triangle red resistance at ~329$.

CryptoSlots777

Forming potential bearish divergence on multiple time frames. Weekly Daily 4H 1H Insane conditions. I'm still waiting on some volume spikes so I know that supply has kicked and reversal starts. Good entry point would be when it would break the green support line or when 20 EMA starts acting like resistance instead of support.

CryptoSlots777

Potential weekly bearish divergence. V shape on first stop with big red volume, rounded top distribution and lower on the second. Potential Adam & Eve. Neckline around ~0.7 0.54 level should be watched, this might be a strong support. Making a higher high would invalidate this idea.

CryptoSlots777 Updated 

BTC showing hidden bullish divergence on the weekly. 4H showing bullish divergence on MF RSI and on MACD. Volume spike suggests bottom probably in. 1H forming a ascending triangle so a good entry would be breaking and retesting the triangle at ~51300$. Target should be the breakout point from rising wedge on daily around ~57488. But it could go all the...

CryptoSlots777 Updated 

Hitting resistance on 1.618 FIB of previous wave. Finishing harmonic pattern. 5 Elliot wave count. Daily RSI on bear div, not confirmed yet. Expecting ABC correction to drop to at least ~2300$ to B. Making a higher high would invalidate this.

CryptoSlots777 Updated 

Not much to say about this one. Should go nuclear once it breaks ~0.231. Weekly overbought with potential bear div. Invalidated if it breaks above 0.45 and the madness continues.

CryptoSlots777 Updated 

Daily wave counting looks exactly like Bulkowski Ending Diagonal Triangle Elliott Wave Pattern. This pattern analysis is not a completed. thepatternsite.com I'm expecting a throw over so a potential short should be between ~76k and ~70k. I know that this is a pretty large range but those are the levels where we should watch for bearish signs like Volume...