Maddox_Metrics
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What symbols does the trader recommend buying?
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ETH is holding up its motif wave 1 rally significantly appearing to have completed an ending diagonal for wave 5 after finding a bottom at the major support high volume node (HVN).Wave 2 is expected to retrace to the S1 pivot, 61.8 Fibonacci retracement and HVN at $1930 but may be front run at the daily pivot and wave 4 bottom $2300.Safe trading
BTC appears to have completed a motif wave (1) poking above all time high after printing a triangle for wave 4. Triangles are an ending pattern with a final thrust up afterwards typically breaking all time highs before reversing in wave 2, selling into retail FOMO.Wave 2 has a $92k target at 0.5 Fibonacci retracement and high volume support node.Wave 3 should be a powerful move up taking price way into all time high.Safe trading
XRP appears to have a complex correction underway with a series of ABCs in a descending channel after reaching all time high.Price is just above the 61.8 Fibonacci retracement and high volume support node which is likely to test at $1.95.Analysis is invalidated if price breaks above wave X swing high.Ultimately it is trapped in a large range.Safe trading
SUI appears to have completed a motif wave (1) with an ending diagonal after finding a bottom at the major support high volume node (HVN) macro wave 4.Wave 2 has not retraced as deep as other alt coins showing strength in the move up. The downside target is the HVN it has just tested at the 0.382 Fibonacci Retracement $2.95.Wave 3 should be a powerful move up taking price into all time high.Failure to hold this support could see price heading back to fresh lows and testing the $1.6 HVN once more.Safe trading
Fetch appears to have completed a motif wave (1) with an ending diagonal after finding a bottom at the major support high volume node (HVN) macro wave 4.Wave 2 has not retraced as deep as other alt coins showing strength in the move up. The downside target is just above the wave (1) swing high, the 0.618 Fibonacci Retracement.Wave 3 should be a powerful move up taking price into all time high.Failure to hold this support could see price heading back to fresh lows and testing the $0.35 HVN once more.Safe trading
Solana appears to have completed a motif wave 1 after finding a bottom at the major support high volume node (HVN) macro wave 4.Wave 2 has not retraced as deep as other alt coins showing strength in the move up. The downside target is the HVN at $140 at the 0.5 Fibonacci Retracement.Wave 3 should be a powerful move up taking price into all time high.Failure to hold this support could see price heading back to fresh lows and testing the $90 HVN once more.Safe trading
ONDO appears to have completed a leading diagonal for wave 1 after finding a bottom at the major support high volume node (HVN).Wave 2 has retraced to the expected alt coin Golden Pocket at the 78.6% retracement tapping high volume node.The descending resistance line has been tested as support leaving a dragonfly doji but does not look strong enough to be the bottom yet.Wave 3 should be a powerful move up.This analysis is invalidated below macro wave 2 -$0.65Safe trading
HBAR appears to have completed a leading diagonal for wave 1 after finding a bottom at the major support high volume node (HVN).Wave 2 has retraced the expected 61.8% Fibonacci but alt coins have their own Golden Pocket at the 78.6% retracement which aligns with the S1 pivot and high volume node.The descending resistance line has been tested as support leaving a doji but does not look strong enough to be the bottom yet.Wave 3 should be a powerful move up.This analysis is invalidated below macro wave 4 -$0.12556Safe trading
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Any content and materials included in Sahmeto's website and official communication channels are a compilation of personal opinions and analyses and are not binding. They do not constitute any recommendation for buying, selling, entering or exiting the stock market and cryptocurrency market. Also, all news and analyses included in the website and channels are merely republished information from official and unofficial domestic and foreign sources, and it is obvious that users of the said content are responsible for following up and ensuring the authenticity and accuracy of the materials. Therefore, while disclaiming responsibility, it is declared that the responsibility for any decision-making, action, and potential profit and loss in the capital market and cryptocurrency market lies with the trader.