SOL has a general downward trend. in the short-term, on a 15 min-scale things are not looking great. Either it's going to break the small (white) channel and go down, or continue on this low-volume upward momentum a bit, and then go down.
Declining resistence. MACD. RSI. all point towards a decline
Stoch, RSI and MACD indicate a potential uptrend. Plus an "M" or bat pattern emerged from the fluctuations. Sorry for the messy chart
Seeing the degree of complexity in some analysis posted here... I feel pretty bad submitting this simplistic approach. However, after some basic fibs, I see one of two variants. the 5th bullish wave, or the C-ontinuation of the correction.
Gala completed a 5 step wave count. it still can go a bit over the 8$ lvl. should retrace at the 0.5 fib level ~4.2-4.5$ area
RSI started ticking down on the 30 tf. We already have a bearish divergence on both the MACD histogram and RSI. The 5th wave should end in the vecinity of 5.6 USD. A correction is needed, and will follow.
ENJUSDT completed a 5 Wave movement,and most likely it will drop down A-B-C style, first to 3.4$ and then 3.2$.Most likely they will be followed by a generous pump. on a 15 min timeframe, MACD histogram started ticking downwards, and RSI was at a max high.
IOTX is on fire. having clear Fib Movements and corrections. Now, this would point to a 3rd wave that would push the price up to the level of 3$. Analytically, it makes sence. Logically... IOTX is already the biggest weekly and daily gainer. Can it go that high though?
MINA finishing a long descending triangle. Pay attention to the bounce points of the RSI support. Stoch at low, as well. My guess is that a wick will stick down the resistance level, say 5,3$, and will fuel the bull run. Keep an eye out!
Mana finisihed a clean 5 wave pattern. Naturally, an ABC correction should occur. The strong resistance in the 3.7$ area should help steer the coin downward for the 13th of Nov.
After a correction of mearly .382 from the first 5 waves, LRC is refusing to break the support of 3$. Both the MACD histogram and Stochastics point to a rally upward. Expect a short-term rally for 3.5/3.6$, and see what happens when it hit's the resistance.
After hitting both A and C targets and a period of consolidation, IOTXUSD is ready for it's next wave. RSI at Low. MACD starting to go in the greens. Stoch Low. Approch with caution. A realistic conservative first target would be of 0.38.
A bullish flag could signal a breakout and a strong second wave for the 11th of Nov, which is also St. Mina's day.
SHIBUSD Should complete an ABC correction in it's descending triangle, afterwhich it should force out of it. Anything below .049$ should be a good buy in.
LRCUSD completed a clean 5 wave pattern. Expecting a Correction to Golden Zone
RSI/ MACD/ Elliot / even stochastics point towards a further BTC correction. The question is... what does China want?!
SushiBTC would correct to the 36xx level on the 17th of May, before reaching a new period ATH in the following days. Good time to short/ stack up. Sushi is still Bullish
a correctional descending triangle parttern which will throw the price to new ATHs. But, till then, there is a short/ buy opportunity in these few days.