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.
Crypto Banter Signals
FET: Very balanced probabilities on this chart still, at least when we talk about the micro structure. The yellow scenario targeting $3.60+ in wave (3) and $5 approximately in wave (5) is valid as long as the $1.86 swing low is holding. The price has reached the trend line after breaking above our initial $2.20 resistance level.
FET: Very balanced probabilities on this chart still, at least when we talk about the micro structure. The yellow scenario targeting $3.60+ in wave (3) and $5 approximately in wave (5) is valid as long as the $1.86 swing low is holding. The price has reached the trend line after breaking above our initial $2.20 resistance level.
Crypto Banter Signals
BNB: The price is still respecting the support region but at the moment there is no evidence that the triangle pattern is complete. Typically, when a triangle is completed, a rapid breakout follows. I therefore think that it looks more and more like the white scenario, in which the triangle could still be unfolding. However, this would simply delay the upside breakout a little. It takes a break above $618.50 to indicate that a breakout is occurring.
BNB: The price is still respecting the support region but at the moment there is no evidence that the triangle pattern is complete. Typically, when a triangle is completed, a rapid breakout follows. I therefore think that it looks more and more like the white scenario, in which the triangle could still be unfolding. However, this would simply delay the upside breakout a little. It takes a break above $618.50 to indicate that a breakout is occurring.
Crypto Banter Signals
ETH: The price has now reached the $2,942 level mentioned earlier today. Ideally the correction finishes in this region or the price will likely move into the $2,500-$2,600 area next in wave c in white. So far, there is no indication that the price is reversing. So, the correction is set to continue until we see at least a break above $3,032.
ETH: The price has now reached the $2,942 level mentioned earlier today. Ideally the correction finishes in this region or the price will likely move into the $2,500-$2,600 area next in wave c in white. So far, there is no indication that the price is reversing. So, the correction is set to continue until we see at least a break above $3,032.
Crypto Banter Signals
LINK: Maybe everyone could get out of the car to give this chart a good push? The price is not moving at all and we are looking at sideways consolidation, which could extend into an Elliott Wave triangle, which in turn could lead to one more low. A break above $15.20 is needed to indicate that more bullish pathways are unfolding, such as the high B-wave.
LINK: Maybe everyone could get out of the car to give this chart a good push? The price is not moving at all and we are looking at sideways consolidation, which could extend into an Elliott Wave triangle, which in turn could lead to one more low. A break above $15.20 is needed to indicate that more bullish pathways are unfolding, such as the high B-wave.
Crypto Banter Signals
ETH: Downside pressure remains high as long as the price stays below the high of wave (2) at $2,330. The white micro structure is expected to unfold until the price breaks above this level. If this level is broken to the upside, I would first have to consider an extension of white wave b.
ETH: Downside pressure remains high as long as the price stays below the high of wave (2) at $2,330. The white micro structure is expected to unfold until the price breaks above this level. If this level is broken to the upside, I would first have to consider an extension of white wave b.
Crypto Banter Signals
Pair:BCHUSDT
Side: SHORT
Leverage: Cross 10
Entry Zone:425.1-433.602
Take Profit 1:418.8
Take Profit 2:415.7
Pair:BCHUSDT
Side: SHORT
Leverage: Cross 10
Entry Zone:425.1-433.602
Take Profit 1:418.8
Take Profit 2:415.7
Crypto Banter Signals
ADA: The structure has not changed on this chart. However, if the triangle in white is unfolding, which allows for one more low, then a larger C-wave would look best. Either way, the price is moving in a corrective range and only a break above $0.522 would indicate that the triangle pattern is invalidated.
ADA: The structure has not changed on this chart. However, if the triangle in white is unfolding, which allows for one more low, then a larger C-wave would look best. Either way, the price is moving in a corrective range and only a break above $0.522 would indicate that the triangle pattern is invalidated.
Crypto Banter Signals
XRP: The price is still moving in the orange support region, which has not changed in many months. The yellow scenario shows how 5 waves to the upside would look like, which would be our earliest signal that a low has formed. However, it rather looks as if the price plans to extend this correction. There are many scenarios that could unfold from here and I assume that wave (B) is either still unfolding or wave (C) in the white scenario has already started, but it takes a break below $0.427 to confirm that wave (C) is unfolding already.
XRP: The price is still moving in the orange support region, which has not changed in many months. The yellow scenario shows how 5 waves to the upside would look like, which would be our earliest signal that a low has formed. However, it rather looks as if the price plans to extend this correction. There are many scenarios that could unfold from here and I assume that wave (B) is either still unfolding or wave (C) in the white scenario has already started, but it takes a break below $0.427 to confirm that wave (C) is unfolding already.