Crypto Banter Signals
FET: The price has now reached the 100% extension level at $1.42. Ideally the price forms a reversal in this region but there is no sign of a low in place at the moment. If the price breaks below $1.27 then I will assume that wave iii is already complete, but wave iii would have been very weak in this case.
FET: The price has now reached the 100% extension level at $1.42. Ideally the price forms a reversal in this region but there is no sign of a low in place at the moment. If the price breaks below $1.27 then I will assume that wave iii is already complete, but wave iii would have been very weak in this case.
Crypto Banter Signals
BTC: The price is moving at best in a diagonal pattern to the upside, but I view the rally as a corrective structure. What would change my mind? If the price forms 5 waves to the upside as per the yellow scenario, followed by a 3-wave decline, then we have a classic long trade setup.
BTC: The price is moving at best in a diagonal pattern to the upside, but I view the rally as a corrective structure. What would change my mind? If the price forms 5 waves to the upside as per the yellow scenario, followed by a 3-wave decline, then we have a classic long trade setup.
Crypto Banter Signals
ADA: The price is currently under downward pressure but I am not worried until the price breaks below $0.29. A potential bullish trend continuation might occur following a five-wave rally that peaked in March 2024. The crucial price level to watch is $0.29; staying above this level supports bullish scenarios, while falling below it weakens these prospects. In recent months, the price has moved sideways, and a break to the downside suggests a decline to $0.36-$0.38.
The chart would benefit from one more low, potentially triggering a robust upward movement as part of a third wave. However, it's prudent to remain cautious until the price confirms a low in wave 2 by forming a first 5-wave upside impulse on a smaller time frame.
ADA: The price is currently under downward pressure but I am not worried until the price breaks below $0.29. A potential bullish trend continuation might occur following a five-wave rally that peaked in March 2024. The crucial price level to watch is $0.29; staying above this level supports bullish scenarios, while falling below it weakens these prospects. In recent months, the price has moved sideways, and a break to the downside suggests a decline to $0.36-$0.38.
The chart would benefit from one more low, potentially triggering a robust upward movement as part of a third wave. However, it's prudent to remain cautious until the price confirms a low in wave 2 by forming a first 5-wave upside impulse on a smaller time frame.
Crypto Banter Signals
DOT: The price has shown a reaction to the $5.50 fibonacci support level. However, the price has only formed a 3-wave move to the upside from the low. This does not provide a confirmation that a low has formed in wave (ii). We still have to be watching for one more low at this stage.
DOT: The price has shown a reaction to the $5.50 fibonacci support level. However, the price has only formed a 3-wave move to the upside from the low. This does not provide a confirmation that a low has formed in wave (ii). We still have to be watching for one more low at this stage.
Crypto Banter Signals
BLZ: The price has survived all the recent price crashes and the previously communicated 1-2 setup is still alive. I have slightly adjusted the support region and this chart could be one for the watchlist because as long as $0.07 support holds, the A=C target points to $4.56+. However, let´s first see if support holds and if a third wave can form.
BLZ: The price has survived all the recent price crashes and the previously communicated 1-2 setup is still alive. I have slightly adjusted the support region and this chart could be one for the watchlist because as long as $0.07 support holds, the A=C target points to $4.56+. However, let´s first see if support holds and if a third wave can form.
Crypto Banter Signals
BTC: One more extension to the downside. The area between $61,800 and $62,540 should offer some support. A sustained break below $62,541, however, would indicate that the white scenario has failed and the yellow scenario is taking the lead. In this scenario, the area between $55,400 and $58,500 is a key target zone.
BTC: One more extension to the downside. The area between $61,800 and $62,540 should offer some support. A sustained break below $62,541, however, would indicate that the white scenario has failed and the yellow scenario is taking the lead. In this scenario, the area between $55,400 and $58,500 is a key target zone.
Crypto Banter Signals
SOL: The price has followed the structure to the downside nicely and now we have arrived at a point where the price needs to think about reversing to the upside to avoid the invalidation of the triangle pattern. The $119 level is the invalidation point. However, wave c of (5) could easily form one more low. The micro resistance area is defined between $125.62 and $129.26. Only a break above this resistance area would indicate that a low might have formed. Also pay some attention to the trend lines I added to the chart as initial breakout signals. A break below $119 would not change the overall assumption on the chart, however. The wave 4 that is unfolding would simply take the shape of a flat correction. This would not be surprising because triangle patterns are unreliable structures.
SOL: The price has followed the structure to the downside nicely and now we have arrived at a point where the price needs to think about reversing to the upside to avoid the invalidation of the triangle pattern. The $119 level is the invalidation point. However, wave c of (5) could easily form one more low. The micro resistance area is defined between $125.62 and $129.26. Only a break above this resistance area would indicate that a low might have formed. Also pay some attention to the trend lines I added to the chart as initial breakout signals. A break below $119 would not change the overall assumption on the chart, however. The wave 4 that is unfolding would simply take the shape of a flat correction. This would not be surprising because triangle patterns are unreliable structures.