Crypto Banter Signals
ATLAS: The corrective pullback that has started in March has formed enough waves now for a price low to form. However, this does not mean that the low has formed. It just means that the wave count is technically complete. The market now needs to prove to us that the correction is complete, so we are watching for a first impulsive move to the upside in this area.
ATLAS: The corrective pullback that has started in March has formed enough waves now for a price low to form. However, this does not mean that the low has formed. It just means that the wave count is technically complete. The market now needs to prove to us that the correction is complete, so we are watching for a first impulsive move to the upside in this area.
Crypto Banter Signals
WIF: I slightly prefer for the price to move down as per the yellow scenario as there is no short-term strength but those micro counts are very unpredictable. As long as the price holds $2.25 a direct move to $5.83+ is likely as well. Should there be a dip in wave C then I will likely buy a little more but no large positions because the third wave is already done.
WIF: I slightly prefer for the price to move down as per the yellow scenario as there is no short-term strength but those micro counts are very unpredictable. As long as the price holds $2.25 a direct move to $5.83+ is likely as well. Should there be a dip in wave C then I will likely buy a little more but no large positions because the third wave is already done.
Crypto Banter Signals
BTC: The price has declined further and as I mentioned in the last update yesterday, it is possible that wave (2) has formed a top in a running flat structure. To invalidate the bearish micro structure, the price must break above $64,425, which is yesterdy´s high. This needs to be followed by a break above $66,400, which would indicate that the bulls intend to fight the bearish setup. The parameters have not changed on the chart. I added a target zone for wave (3) in white. This ideal target zone is defined between $57,396 and $58,969 and is an area that should be observed for a potential reaction, should the price decline further in wave (3). The yellow scenario still has a chance, but to keep this scenario alive, the price needs to show an upside reaction from this region.
BTC: The price has declined further and as I mentioned in the last update yesterday, it is possible that wave (2) has formed a top in a running flat structure. To invalidate the bearish micro structure, the price must break above $64,425, which is yesterdy´s high. This needs to be followed by a break above $66,400, which would indicate that the bulls intend to fight the bearish setup. The parameters have not changed on the chart. I added a target zone for wave (3) in white. This ideal target zone is defined between $57,396 and $58,969 and is an area that should be observed for a potential reaction, should the price decline further in wave (3). The yellow scenario still has a chance, but to keep this scenario alive, the price needs to show an upside reaction from this region.
Crypto Banter Signals
GALA: The price has not given us any clear confirmation that a low has formed, but the white scenario is still possible, even though the yellow scenario seems to be in control. $0.033 is the next support level that should be reached in wave v at least. The area around $0.0386 is expected to offer some short-term support.
GALA: The price has not given us any clear confirmation that a low has formed, but the white scenario is still possible, even though the yellow scenario seems to be in control. $0.033 is the next support level that should be reached in wave v at least. The area around $0.0386 is expected to offer some short-term support.
Crypto Banter Signals
VAI: It minimally takes a break above the last swing high at $0.245 to indicate that a low has formed on this chart. Below $0.147 invalidation of this diagonal pattern as highlighted in yellow will become more probable. Ideally the price turns around to the upside before $0.147 is broken to the downside. The formal invalidation point is at $0.104.
VAI: It minimally takes a break above the last swing high at $0.245 to indicate that a low has formed on this chart. Below $0.147 invalidation of this diagonal pattern as highlighted in yellow will become more probable. Ideally the price turns around to the upside before $0.147 is broken to the downside. The formal invalidation point is at $0.104.
Crypto Banter Signals
ADA: This wave (4) seems to get very protracted. I am watching if wave (4) is unfolding as triangle pattern. However, a break above $0.522 would indicate that a larger corrective ABC structure as shown in yellow is unfolding. It is currently unclear how this would fit into the bigger picture. Above $0.522 the area between $0.547 and $0.645 is fibonacci resistance. If the price can reach at least $0.605 then we can explore if we are dealing with a larger 5-wave pattern to the upside.
ADA: This wave (4) seems to get very protracted. I am watching if wave (4) is unfolding as triangle pattern. However, a break above $0.522 would indicate that a larger corrective ABC structure as shown in yellow is unfolding. It is currently unclear how this would fit into the bigger picture. Above $0.522 the area between $0.547 and $0.645 is fibonacci resistance. If the price can reach at least $0.605 then we can explore if we are dealing with a larger 5-wave pattern to the upside.
Crypto Banter Signals
WIF: The price is likely on its way to $7 as this is the next larger degree fibonacci target. The structure could fail after 3 waves up in a high B-wave but this would offer the opportunity to add a position again in wave (C) of (iv) if it happens. I currently assume that the price is working on the diagonal pattern in yellow to $7+.
WIF: The price is likely on its way to $7 as this is the next larger degree fibonacci target. The structure could fail after 3 waves up in a high B-wave but this would offer the opportunity to add a position again in wave (C) of (iv) if it happens. I currently assume that the price is working on the diagonal pattern in yellow to $7+.
Crypto Banter Signals
FET: The chart does not offer much clarity on the micro level. This is the problem whenever we are dealing with corrective sideways structures. The price has broken above initial resistance or is at least trying to. The only way to move up from here is in a diagonal pattern as shown in yellow. The invalidation point for this potential is $1.86.
FET: The chart does not offer much clarity on the micro level. This is the problem whenever we are dealing with corrective sideways structures. The price has broken above initial resistance or is at least trying to. The only way to move up from here is in a diagonal pattern as shown in yellow. The invalidation point for this potential is $1.86.