charterman

charterman Updated 

Update on initial bounce of wave 1. Given that eth has now bounced off another strong resistance line, may see the wave extended into the red triangle, if support of the green is broken. Time zones indicate either as possible. End zone remains the same.

charterman Updated 

TRX has reached the end of a symmetrical triangle and could go either way. MACD indicates a positive turn. See fib levels for wave 3, or red line for strong bottom support of smaller wave A.

charterman

ADA is currently in a short and long term descending channel and doesn't currently show signs of a break out. May even retrace to previous support line (red), before we see a turnaround.

charterman Updated 

ICX has seen strong rising support and should continue to rise again, once it reaches the tip of the arrow.

charterman Updated 

I think ICX is nearing its breakout point, but needs more volume to do so. May see wave one end at the next resistance point (565).

charterman Updated 

Long term: ETH has seen its worst for now, bounced from support and finishing a longer symmetrical triangle. Larger symmetrical triangle represents a larger wave 1 and 2 Wave 3 long term will see A.T.H Short term: ETH soon to finish wave 1 where next resistance point, larger triangle resistance and smaller ascending meet. Wave 2 to bounce of support of...

charterman

Ripple (ETH pairing) has found strong support (green line) and is currently consolidating along it to finish wave 2. Wave 3 will begin once top of resistance line (triangle) is broken. Remember... "Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5" ;). Remember to update stops at each fib level.

charterman

I think that after a large descent, verge has finally found support and may bounce back to 730 at the next strong resistance line and end of wave 1.

charterman

Considering the change in direction across the market, has XLM broken its downward trend line and begun its upward climb? Time will tell as we approach the seemingly strong .470 resistance line.

charterman

Possible finish to wave 1 at the 970 resistance mark, where an ascending triangle tightens support lines.