After a long-rally, a correction is indispensable to BINANCE:AVAXUSDT . AVAX need to accumulate around $90 before it will be a missile. AVAX has the strong support at $80 which is the previous ATH (the 3rd wave). I think AVAX will pass and bounce over immediately the support at $80. Let's wait and see
DOT has been decreasing quickly to $34. Next, I think it will weak retrace to $43 then drop to $30 rapidly. Wait and see
BINANCE:SOLUSDT has done the impulse wave at $260. So it has been beginning the correction wave. Scenario 1, Solana has the support around $170 which will be hit by SOL then SOL will rally to $215. Scenario 2, Solana will be passed the first support at $170 and next to hit the second support at $140 after that SOL will go up and go down until it breakout $170...
BINANCE:ETHUSDT is nearly done the triangle wave at 4280 then wave C which go down to 3780 with the strong support. Why the correction wave is the triangle wave? Because of Fib Retracement Ratio, Wave B = 50% Wave A
ETH is in the correction wave ABC within the wave A which has done at 3950. The wave B has been progressing maybe it will be done at 4450. That point wave B = 0.618 Fib Wave A to create the zigzag wave. Finally, the wave C = 1.382 Fib Wave A because of the support at 3700. Time will tell
AVAX has done the impulse wave at $146 with golden ratio 1.618 Fib from the 4th wave. Next, AVAX will pull back to around $90 for the wave A then it's going up to $110 and going down to $60 finally. Time will tell. You like to trade, just hit a like button and follow me on TradingView
Cardano is going down to 1.4 at 1.168 Fib in the correction wave. We have a strong support at these previous ATH. I hope ADA will be increased after hit the support. Unless, its takes much time to accumulate at around $1 Time will tell, I will update Follow & like for me when my idea is helpful.
Based on the chart, we have the wave A what is done at $25.8 Next, the wave B will retrace to around $33 then wave C will pullback to the support at $24 If you want to trade, just do it Long order - Entry: 27.2 - SL: 26 - TP: 29.5
We have a positive divergence RSI and the good signal OBV in ADA chart. Let's buy when it hit to MA100 in BTC, ETH & SOL (timeframe Day).
Need to some rest before climb up. Next target around $6,800. Easily realize ETH has beed done a wave A at $4,100 in the correction wave ABC. Then it is going retracing to $4,450 and will be dipped to $3,700 finally. In the correction wave, wave A = wave C or 1.618 Fib wave C. In my opinion, its is 1.618 wave C, why? Because, we have a previous resistance...
ADA can go down to $1.5 before rally. BINANCE:ADAUSDT exit the ascending parallel channel. Now, the lower trend line is the resistance and the previous ATH is the support. ------ The correction wave has been happening, I think it will be done at around $1.5. ----- Let's buy when it break out $2.35 to take the impulse wave. If you buy right now, you...
Seem ETH is in the 3rd impulse wave which the longest wave in impulse wave with the target $6,900. Buy or wait? In my opinion, I will wait to buy around $3,900 because that level has a support from the 1st wave and the negative divergence signal on RSI. Before it is going up, it need accumulating. Just wait and see
Observe the chart, I see a diagonal wave which is happening. When ETH goes back to 4740, we can open a short order with SL 4790 and TP 4325. If the wave is strong, we'll wait to take profit around 3800. Time will tell
We have a expanded target at around $257. Two options for a short order: 1. We'll wait it goes down $241 and open a short order with TP at $220 and SL $245. This is a safer option. 2. We'll open a short order when it surge above trend line with the same TP's option 1 and SL at $258. The diagonal wave is a chance to take huge profit. Wait and see
We have a strong support at $32 which is the previous ATH. ATOM is moving up to nearest target at $57. If it passed, the price $117 is the next target. Wait and see
Solana hits above trend line and nearly complete impulse wave with the target of 5th wave around 250, maybe expand to 260. So I think we can take profit by sell a part and wait to buy at around from 233 - 220. Besides, we have a negative divergence signal in RSI when BINANCE:SOLUSDT make the new peak.
High risk, high return You can open a long oder when it passed 50 with a stoploss at 48.5. Don't recommend this setup. I like a setup safer. Buying when it passed 51 and get a stoploss at 49.
Seem BINANCE:SOLUSDT is in the 5th impulse wave which is going to around $500. I find out the fibo clusters at around 500$ base on the Fib tools as for the high-level and low-level impulse wave. I bought a few SOLs at around $30-45 and sold and repeated. How about you? Let's me know.