Crypto Banter Signals
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Crypto Banter Signals
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Crypto Banter Signals
BTC: The local setup broke. The key level now seems to be $64,374 for a still unfolding wave 4. It is possible that wave 4 unfolds as extended triangle pattern, but in this case $66,300 must hold.
Crypto Banter Signals
FET: The price has not yet provided any confirmation that a low has formed in wave 4. I have added a micro structure for a possibly still unfolding wave (C) of Y of 4. However, it takes a break below $2.02 to indicate that the white scenario is taking the lead.
Crypto Banter Signals
ONDO: As long as the price holds above yesterday`s low I assume that wave 5 of (3) is unfolding. Next upside levels to watch are $1.36 and $1.45.
Crypto Banter Signals
ETH: The previously presented micro structure for the yellow scenario remains valid. Standard resistance is defined between $3,795 and $3,846. A break below $3,710 would indicate that wave c of 3 to the downside has begun. If the price breaks above $3,847, then it is worth to explore if a larger corrective rally in wave B of Y is unfolding, as per the scenario shown in orange.
Crypto Banter Signals
AERO: The chart history is quite limited by my current view is that the price is moving in wave (B) of ii. However, it takes a break below $0.86 to indicate that wave (C) to the downside is unfolding.
Crypto Banter Signals
DOT: The price is still maintaining support for the yellow (B)-wave, but there's no clear indication of an upward reversal yet. A breakout above $7.77 is needed to confirm the start of wave (C) of 3 to the upside.
Crypto Banter Signals
CAKE: The price has failed to form a 5th wave to the upside in the diagonal I have been tracking. Remember that in the diagonal pattern the third wave did not get as high as I wanted it to see, and this is always a warning that there is some underlying weakness. With the break of micro support I have to assume that the rally we have seen was simply a wide wave 4 correction, and wave 5 is now unfolding to the downside.
Crypto Banter Signals
BTC: There is not much to add to previous updates because the price is holding support and has not really done anything exciting over the weekend. If the triangle is unfolding as per the purple scenario, then a larger D-wave that stretches to $69,272 would be ideal. So far, there is no clear setup that indicates an upside breakout from here. We would need a micro 5-wave move to the upside for this.
Crypto Banter Signals
FET: The price is likely still working on circle wave C of wave 4. One more low is preferred until the price breaks above initial resistance at $2.06.
Crypto Banter Signals
BTC: There has been minimal movement in the crypto market over the weekend, and therefore my scenarios have remained pretty much unchanged. The 100% fibonacci extension for the yellow C-wave points to $66,350. Consequently, the price should ideally reach this level before reversing upward. However, if $62,540 is broken to the downside, it is likely that Bitcoin will drop back into the $55,000 area range. This scenario should not come as a surprise. The move to the upside has evolved into a diagonal pattern, making it unstable and susceptible to unexpected shifts. A break above the red resistance zone could indicate that a low has formed earlier than expected.
Crypto Banter Signals
ETH: The price has only moved sideways over the weekend. A break above $3,783 could indicate that a low has formed, but one more low is currently preferred.
Crypto Banter Signals
ETH: It is possible that wave (5) has started but it is too early to confirm. One more low should send the price ideally to approximately $3,530.
Crypto Banter Signals
BTC: the price tested the 50% retracement level today but because resistance has been respected there is no need to change the wave count. There is nothing new to say until the price finally breaks out of this current range, either by breaking above resistance at $70.171, or by breaking below Friday´s low, which should lead to a completion of wave c of (B).
Crypto Banter Signals
MATIC: The current interpretation is that wave 4 has formed a top as triangle pattern and currently wave 5 of (c) of y is unfolding. One more low seems likely, and this one more low should take the price below the April low. Next support levels are $0.582 and $0.537, but to uphold a bullish perspective on this chart, the price should avoid a sustained break below $0.582.
Crypto Banter Signals
ETH: The price has reacted to the communicated resistance range and the price is working on the lower low that we have been watching for. The next support levels are $3,527 and $3,471. Ideally the price reverses back to the upside somewhere in this region, but it takes a break above $3,670 for an initial indication that a low has formed.
Crypto Banter Signals
PYTH: The price must find support here to keep the (1)-(2) structure alive. A break below $0.313 would leave us without any reliable support level.
Crypto Banter Signals
STX: The price is still holding the wave (2) support zone. The relevant support level for wave (2) remains at $1.93. There is currently no sign for a low to be in place. It takes a break above $2.35 as initial indication that a low has formed in wave (2).
Crypto Banter Signals
ICP: After a long period of sideways consolidation the price is finally moving closer to the yellow support zone. The current expectation is that the price is moving in a C-wave and the 100% extension target for this C-wave points to $8.54. The price, however, needs another 4-5 pattern to complete this C-wave. This 4-5 pattern might not form if wave ii/B unfolds as WXY structure. At the moment expectations are for the price to reach $9.62 and then $8.54 next.
Crypto Banter Signals
BTC: I have slightly adjusted micro resistance to the $66,991 - $68,073 range. It takes a break above $68,073 for a first indication that a low has formed in wave (B).