Trendline is a support in this case. BINANCE:ADAUSDT has broken out and bounced. A strong support is at around $1,9. Seem BINANCE:ADAUSDT has done the 2nd wave at $1,915. Waiting for a 3rd wave at $2,2 then the next target at $6,17 for (iii) wave.
When BINANCE:SOLUSDT downed, buyers buy it with the candles which has a long shadow. So I think Solana won't be decreased too deep. Wave C = 0.618 Wave A, perhaps. Further, Wave C = Wave A at around 176. Let's wait and see
We have a Fib Clusters at $5,500. BINANCE:ETHUSDT is creating the 5th wave. Buying when it is at around $4,250 with the short-term support
Solana has done a impulse wave at 218 and beginning the correction wave with wave a which is done at around 177, perhaps. Let's wait a wave B at around 200, maybe.
Solana is nearly done the correction wave with the support at around 205. Let's buy when it pass 210 to take the 3rd wave at 242 and get a stoploss at 205.
Didn't too hard to realize BINANCE:AVAXUSDT is the next leader which is increased over 470% in 90 days. You can buy right now and take profit when it go up to around 76 To the end, just a few coin/token is survivor. I think AVAX will be that.
Solana is going up to 250 BINANCE:SOLUSDT need accumulating before climb to a new ATH. Solana is better than Ethereum about efficiency, fees and transaction time but Solana need to take more market share before ETH 2.0 is ready. In my opinion, SOL is a good investment in this year.
CAPITALCOM:AUDUSD is in the double combo wave WXY The wave W and X is completed at 0.75119 The final wave Y is progressing with the complete wave A and wave B will be done at around 0.74897. We can open a short order at this level to take profit for wave C at around 0.74391 and get a stoploss at 0.75039. Let's patient.
Seem BINANCE:LINKUSDT is in a triangle wave, if it's true, it will go down to 27.5 Waiting for it surge 32 with the volume is larger than volume MA50 at least 20%. A PERFECT BREAKOUT! Let's wait
BINANCE:DOTUSDT is completed 1st wave and 2nd wave at 25.5 The 3rd wave is progressing to 90 If you missed last chance, you can buy DOT at around 41 Waiting for a breakout
BINANCE:BTCUSDT just done the correction wave and is progressing to 3rd wave at $77,200 After that, BTC need a pullback to around $65K
Hey traders, CAPITALCOM:NZDUSD is in the correction wave at 0.71615 We can buy when its price passed 0.7183 with SL at 0.716 and TP at 0.725.
I really hate this scenario, but it can happen before "the king comes back". We have a triangle wave has been done at $2.26 Seem wave Y is happening to $1.77, why? Because the next target after a triangle wave is a height of distance from wave A & B (red color). A distance is $0.44 Time will tell
Seem a triangle wave is happening and will be done at 1750 then CAPITALCOM:GOLD will climb to 1930. We can buy when the price passed 1805 for a long order. Don't rush! Because a triangle is like a woman, so unpredictable! SL: 1761 TP: 1920
Based on the chart, I realized a truncation wave what is completed at 0.71728. CAPITALCOM:AUDUSD is retracing to around 0.77834 (wave B), why? Because, wave A is truncation that proved seller's weakness and wave B can retrace to 0.236 Fib to complete a flat wave. Time will tell....
ETH just tried to break the resistance but failed. If it can't breakout soon, it will retest around 3250 then bounce.
Based on the chart, we can see the decreasing impulse wave from 0.99 to 0.91 Seem the 5th wave is a truncation. If it's true, the correction wave will be a flat wave. Wait and see
A positive divergence on RSI ----- Next level at 87