On the hourly chart of GBPJPY, there was a strong bearish impulse which I consider as wave A and completed wave B with AO indicator divergence of correctional zigzag ABC. I expect the price to go down in the C wave and, at least, reach the lowest level of wave A.
On the M15 chart of McDonald`s shares a bullish fractal level was formed within the beginning of the 5th Elliott wave of bullish period.
On the timeframe H8, the asset demonstrates the completion of the downward correction and tests the level of the sloping resistance. The entry point to long positions can be tracked on the H1 timeframe. We observe the breakdown of the resistance level and the intersection of the exponential moving average EMA100.
On the daily chart of LTCBTC, the price has started a new "bullish" trend according to Bill Williams` trading strategy "Trading Chaos. Also, a new buy signal was formed in a form of the fractal level.
On the hourly chart of LTCBTC, with high probability, the price has started the 5th Elliott wave of a bullish period. Breakout of the signal level in a form of a fractal would be an optimal level to open long trades.
After the impulse growth in late April, the asset is consolidated within the side channel. Breakdown of the upper border of the channel will mean continuation of the uptrend. In the role of support is the exponential moving average EMA 50.
After impulse growth, the asset is consolidated within an inclined channel. Breakdown of the upper border of the channel will mean continuation of the uptrend. The nearest horizontal support level is at 0.0004760.
After the downward correction, the price shows a breakdown of the upper border of the channel and a possible transition to an uptrend within the impulse wave 3. To confirm the signal, it is necessary to cross down the EMA 200 downwards. The minimum objective of this impulse may be at the level of 0.0190000.
Level 0.001500 is a significant support level for the asset. On the timeframe H3, a breakdown of the inclined resistance level occurred
A prolonged downward correction demonstrates signs of slowing down. The level of significant support is 0.025000. Crossing of MA50 on chart D1 and breakdown of local resistance - signal for purchase
The asset within the upward trend on H2 demonstrates a corrective formation, the exit from which will be the continuation of the upward momentum. The role of support is performed by EMA100
On the H4 chart of PPTBTC, with high probability, the instrument is at the end of the 4th Elliott wave of a bullish period. Breakout of the latest fractal level would be out buy level.
On the daily chart of XEMBTC, the price has started a new uptrend and formed a bullish fractal level. Breakout of its level would be an optimal level to open long traded with a target in the C wave.
On the daily chart of GNOBTC, after an impulse wave A, there was a trend change into a bullish one. After that, the price has finished corrective B wave and started the C wave up. We recommend buying the instrument if the price breaks the "fifth dimension signal".
On the H4 chart of DSHBTC, with high probability, the price is in the 4th Elliott wave. Breakout of the latest buy level can cause the instrument to start the 5th wave.
At timeframe H2, formation of a pulsed five-wave structure is noticeable. At the moment the price is in the phase of wave 4, which does not violate its signs. There is a possibility of continuing the upward movement within wave 5.
Level 0.1570 was a strong support area. After pushing away from it, the asset was able to exit the descending channel. A possible divergence of the trend is signaled by the divergence on the AO oscillator.
On the daily chart of LTCUSD, the price has started a new uptrend within the fifth Elliott wave. We expect a bullish trend to continue when the price breaks a forming fractal level.