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ETHUSDT - watch for a bounce/ reversal So far three waves down. A nice place to watch for a potential long at the border of the channel + measured move down = size of a prior correction. Quite a deep fall, we must admit. Contrast to the earlier debates over $10,000 targets :))
ADAUSDT - a short-term structure I assume a triangle on H1 timeframe, as a wave 4 in the impulse with the target of making a lower low at $0, 40 There I expect a strong rebound or a reversal. The move down should be contained within the end of June. Trade safe PS. The forecast is in line with my earlier H4 forecast, link below
XRPUSDT - is it the end of correction? Price has hit the line. Divergence in play, in such setups the div is the nice signal to watch for/ be ready for a reversal. If we look at the headlines, it is worth noting the fear: - “CZ believes that crypto winter is here to stay until 2026”… - “Will crypto survive?” - “Don’t expect a bitcoin recovery any time soon, Galaxy Digital” - “ Black swan” author dismantles bitcoin narrative” - “Jim Cramer expects bitcoin to dump to $12.000, its “pre-fiasco level” - chats like “I think that Crypto is finished”…. And many others. Fear & Greed index: 9 - Extreme Fear. Time to buy, as I see it.
Dusk network - another free fall coming Some months ago I posted an idea for a free fall for Duskusdt . It continues. This is a corective pattern. Take care
Bitcoin - finally Finally we see a nice move. Price is at a strong cluster of supports. Tried to draw again my assumptions. Unfortunately, we did not get an ideal ending diagonal in wave C of a flat (in the large 4th wave). I stay with my earlier target of $150 for this scenario Good luck!
TRON - DOWNSIDE immediate downside, breaking the consolidation. Three-waves move down likely to be a wave b, followed by a spike. And, eventually, another leg down to complete a large corrective pattern, with the complex wave (b). Trade safe
Cardano - sell oppotunity Breaking below the level indicated on the chart will push price to the lower low. Watch for price action, and try to keep you stop tight Trade safe
Decentraland - bullish move next? I would keep an eye on this structure. Given the power of the move to the upside, a following corrective price action may be an indication of a strong reversal. At least, if it happens, and you have a low entry, I would recommend to close 50% and to keep the balance, in case the next move up extends. Take care
ARUSDT - corrective pattern Reasonable to assume that price is drawing a corrective structure. Three waves up, current three waves move down. Expect a strong impulsive move to the upside to test the wave (a) extreme. Note, this is a bearish structure) Take care
Bancor - corrective pattern Looks like a running flat in the process, pushing down - next spike to the upside and trend continuation to lower lows. Not a fin advice) Trade safe