#Cardano potential head and shoulders on the 4h + sell ABC after falling out of the rising wedge. Right now dancing around the 100 fib of the blue sell ABC wich is a confirmation point.
#ADA potential sell ABC, blue on the 4h. The target of the sell ABC would be in alingment with forming out a head and shoulders pattern.
#SHIBA reacted at the 0.375 fib correction of its buy ABC pattern to form an 12345 wave.
# gonna watch this one! -------------------------------------------------------------------------------------------------------------------------------------------------------------------------
the structure of the blue and green ABC buy waves are invalid now. Price is reacting at the 0.786, red, from the white buy ABC. have to bounce back here otherwise we gonna retest the former bottom.
#SHIBA is going sideways / range and is revisiting the correction/buy level, orange box, from its yellow buy ABC after being rejected at the 100fib extension of this wave.
#DOT is fighting to stay above its upward sloping support line which is in confluence with the orange correction box of the white buy ABC wave wich is building currently.
#ETH is building a range within the orange correction box from the pink buy ABC wave. This area is also the correction area from the yellow buy ABC wave wich is revisited and still valid.
#BTC is building a range within the orange correction box of the pink buy ABC wave. The yellow buy ABC wave is still valid.
ADA revisited the correction target , orange box, from the blue ABC buy wave. Both waves white and blue are still valid. Currenlty forming a new ABC buy wave, green, while staying in its range.
#ADA is being rejected at its 100fib extension of the blue buy ABC. Now its building structure by forming 2 potencial new buy ABC waves , pink and white. Price targets -green boxes, correction levels - organge boxes / potencial entrys.
#BTC is being rejected at its multi year upward sloping support line wich was broken to the downside and is currently acting as resistance. Also we can see that the price is reacting above the yellow 100fib extension of the yellow buy ABC and is looking for support there. Another possible buy ABC, pink, is forming with similar price targets as the previous ones....
#ETH is being rejected at its multi year upward sloping support line wich was broken to the downside and is currently acting as resistance. A new possible buy ABC is building. Price targets, green box, are in the the same area as the ones before. Building structure.
After forming a double bottom and flipping resistance to support #Solana is going for a new buy ABC, yellow. Currently the price is reacting at the 100Fib extension of this wave.
#LUNA is reacting at the 100fib of the white sell ABC wave. -------------------------------------------------------------------------------------------------------------------------------------