Amazing wallet which has bottomed out and should be ready to fly
BRD price action is no longer following downtrend (purple trend lines) and it is starting to perform an iH&S at a supposedly bottom of this trend. Along with that, if the iH&S confirms (neckline breakout above 7k sat), we will likely see as well a golden cross (50MA-orange over 200MA-red) on the 4H chart, and a new uptrend movement. Fundamentals are good: Ethereum...
We can see inverted Heand & Shoulders about to complete, and not only that, the neckline is excatly the major descending trend line (on log scale), which has been broken already on normal scale!
We might see a boom in adex price due to prototype release this month. On the technical sense, this is what I think it will happen if the market receives prototype news with bullish sentiment
BTC looking bullish after a major correction. About to close above 50EMA and 100EMA, should test 12k, retrace and break through. Arrows indicate how I think this will play out
The top of first wave (0A) became a very nice support for this current correction wave (CD)... several times!, and even with all the blood on the market, it is keeping above this support. Not sure if we have the fundamentals for next wave or if overall negativity will allow this, but if we see some move on VEN, to be more especific a break out on CD wave line with...
BNB showing some exuberance passing few hours. On a 30 min chart, we could see that last run up respected fibo levels, and if it bounces around 110k on this correction (red box), we are likely to see a 5th wave of elliot run-up all the way to next fibo target (blue box), which is between 178-191k sat.
BTC started forming a bullflag. If it breaks the red line, we might see a new all time high, probably 18-20k. If it breaks the orange line, the pink trend line is the next support
Its holding nicely the 0.027-0.028 level, testing previous support level. If BTC corrects, it could be the trigger to a breakout