Babsphoenix

Elliott Waves-Completion of wave II of (III).WTF-OBV is showing accumulative correction-Stochastic RSI is oversold and has made a bullish cross in the oversold region.-RSI and MFI are showing bullish divergence.-Price is testing monthly horizontal and support.-Price is testing 5 years diagonal support.WTF-ADI and OBV showing accumulative correction and regular bullish divergence.-RSI and MFI bullish divergence.-Diagonal resistance breakout.

LTCUSDT: PREPARING FOR A FLIGHT Litecoin has been stuck in a range since January 2023 while maintaining the higher lows trendline that started in October 2022 and now has a cluster of support to sit on while preparing for a bull run. This bullish prospect is only confirmed when a weekly candle closes above the resistance cluster of 1W MA 100/1W MA 200/horizontal resistance. We can look for a long term buy opportunity after this breach. We can look for a short term buy opportunity if the price succumbs to resistance cluster and retest the cluster of supports(1W MA 50/Diagonal support/horizontal support) below

BTCUSDT:Trying to Reclaim an important ascending channel Bitcoin is facing a cluster of resistance to its attempt at reclaiming the 20 years old ascending Channel it lost on the 21st September 2022. 50WMA, 200WMA, horizontal and diagonal resistance are standing in the way. A major source of optimism, in spite of the weekly death cross, is that it has turned a 15 months old bearish diagonal resistance into support. While a break to the upside looks imminent, the pair might spend an appreciable amount of time in the wedge upper part of the rectangular accumulation zone.Comment:Comment:Comment:Comment:

KAVAUSDT: BULL FLAG ON CHANNEL SUPPORT KAVA is at the support of an ascending channel with 50% growth potential if it breaks out of the 1D MA 200 dynamic resistance .Comment:Comment:

MANA: SHORT TERM BUY OPPORTUNITY Decentraland is forming a weekly TF bullish flag. The flag breakout is likely going to be initiated from the next support or the wide demand zone beneath it. A short term buying opportunity can be scouted on both. But a fast and long bullish move is going to be tough because there are many resistances ahead. For a long term buy, its better to wait for all the 3 weekly moving averages, 1w MA 50, 1W MA 100 AND 1W MA 200 to become support before buying.Comment:Comment:

BTCUSD: SUPPLY INITIATED A RETEST OF BROKEN HURDLES (H&S) BTC is broken through the cluster of resistance as speculated on 21st Feb 2023 (The idea inserted here) completing an inverted head and shoulder pattern and its breakout in the process. what we are witnessing now is a retest of those resistance cluster turned support cluster now. A fake out to dip into the demand zone is possible for an optimum buying opportunity.

SAND is attempting to breakout out of JULY 2022 lower highs diagonal resistance. We can look for a buy setup upon breakout and/or retest. But if it the price succumbs to this resistance, the demand zone below it is good place to buy

This asset is attempting a breakout with a horizontal , two diagonal and a dynamic resistance as hurdles. But its relatively safe to buy on the breach of the dynamic resistance (red moving average), the horizontal and the first diagonal resistance. But if the price succumbs to the resistances, the demand zone below it is another good zone to look for buy setup

RUNE has just broken out of a cluster of resistance; almost a year old diagonal resistance, 1D MA 100 and 1D MA 200 while maintaining the higher lows trend line. A retest of all these flipped resistance is still possible and might lead to a fake breach of the higher lows trend line into the demand zone beneath. We can look for a buy setup upon the takeout

GRT just broken out of an horizontal and a diagonal resistance. A retest is going on and we can start looking for a buy setup between now and the triangular zone. The three major Daily moving averages are acting as support and 1D MA 50 > 1D MA 100 > 1D MA 200.