From an analyst standpoint, there is a chance that the crypto market seems to be making a correction as sell-side delta has accumulated heavily and we might be due to seeing a short squeeze soon. Avax looks to be heading down to the bullish trendline area I am looking at those Fibonacci levels as a potential entry but also be aware price may manipulate the daily...
Ethereum looking to fill that bullish imbalance to continue rising up to 2300 level waiting patiently for fill of my area.
Ethereum seems to be heading towards a 5 wave impulse looking for a continuation of the 4th wave at the market breaker npoc level highlighted.
Double bottom looks like it's currently forming on LTC. We could potentially see a three-tap setup or a head and shoulders pattern form. looking to bid the market breaker demand level if the markets give us the chance. follow for daily predictions. :)
Potential Breakout to the downside after completing the retracement to the high probability fib ratios along with the confluence of ascending wedge pattern.
If BTC fails to close above 43,300 we can see a retest of the neckline of the double bottom pattern on the btc daily chart which is a strong level due to also being a naked POC level and an order block level on the daily timeframe. we can expect a bounce off that neckline if a bounce fails to happen we could potentially be looking at a deads cat bounce where we...
Gala has an open void to fill to 23 cents. COULD BOUNCE OF THE IPA LEVELS WHERE THERE IS A DEMAND WALL.
highest probability area for a bounce would be the weekly supply zone level from 1.30-1.40
One more corrective wave until a zone of demand is met.
bounces off the dynamic SR if IT fails the cleaR that wall.
Solana looks to be heading towards the monthly open level at 208 which is a golden pocket retracement from the previous swing high on the daily. Green horizontal lines : Monthly levels Blue Horizontal lines: Weekly levels twitter: @divitastrading
ethereum will breakout of the sideways movement in these possible directions.
avax looks like its entering phase 2 of the wyckoff distribution. Green horizontal lines - monthly levels Blue horizontal lines - weekly levels
Btc is at a point where it could either recover or can continue further down into bearish territory.
LTC looks like it's entering a correction wave and could most likely have a correction to the upper 190s lower 200s price point after a rejection of the weekly level.
Potential triple bottom formation in confluence with trendline touch on the 4-hour timeframe.
We are right at the monthly support level if it can hold this we can for sure see a move up to break the current weekly resistance. Worst case scenario we break the monthly support and retest the previous levels.
Bitcoin has been the victim of some correction for the past 3 weeks. 40k support level seems to be holding very well. I think this is the bottom due to the strong support level so far and the confluence with the 50% retracement I'm anticipating a double bottom formation on HTF to push price upwards. Chinese FUD is nothing to worry about as we have gone through the...