HKCM_Global

Crypto.com coin Cronos has continued its move toward the green Target Zone between $0.06 and $0.02. We expect the low of the large wave [2] correction to form within this range. A sustained upward move should only become the main focus once this significant bottom is in place. There is a 29% probability that the low of the green wave alt. [2] has already been reached. If that’s the case, the next step could be a breakout above the resistance at $0.39, rather than a drop below the $0.07 support.

Over the past two weeks, Google's stock has been taking a breather, moving mostly sideways. Our primary scenario suggests that price will soon gather fresh upward momentum and swing into the red Target Zone between $377.44 and $418.64, where it should complete the overarching upward cycle of the beige wave I. Once this occurs, a new downward impulse is expected to begin, making the red zone suitable for entering short positions; a stop 1% above the upper boundary of the zone can provide protection.

Ethereum has managed to rise towards the $3,100 level in recent hours. We still assign a 40% probability that, as part of blue wave alt.(b), ETH will move above resistance at $3,656 before selling off into our green Target Zone between $2,228 and $1,789. In our primary scenario, we also expect ETH to reach this zone—potentially without first exceeding the $3,656 level. In either case, once ETH enters the Target Zone, we anticipate a corrective rally, which should top out within the red Target Zone ($5,805 – $7,326) at the high of magenta wave (B).