Crypto Banter Signals
SOL: The price is likely moving towards the $161 - $174 range after the breakout of the trend line. The fibonacci support range remains relevant for now and ideally the price holds above the descending red trend line now to keep the upside pressure alive. Nothing has changed on this chart and the idea is still that the price is moving in the D-wave of a wave 4 triangle.
SOL: The price is likely moving towards the $161 - $174 range after the breakout of the trend line. The fibonacci support range remains relevant for now and ideally the price holds above the descending red trend line now to keep the upside pressure alive. Nothing has changed on this chart and the idea is still that the price is moving in the D-wave of a wave 4 triangle.
Crypto Banter Signals
XRP: The price has started at least wave 4, but if the price cannot hold $0.506, then we can still consider if wave A formed only 3 waves, and if a B-wave pullback is unfolding with key support at $0.426. Please note that XRP usually avoids 5-wave patterns, so the yellow scenario is likely.
XRP: The price has started at least wave 4, but if the price cannot hold $0.506, then we can still consider if wave A formed only 3 waves, and if a B-wave pullback is unfolding with key support at $0.426. Please note that XRP usually avoids 5-wave patterns, so the yellow scenario is likely.
Crypto Banter Signals
SOL: Wave (B) might have started, and resistance for wave B is defined between $159.33 and $161.97. The support zone for wave (B) in this correction is defined between $140 and $151.46. There is no need to test the $140 level, but reaching $151.46 or $148 before reversing to the upside would be ideal.
SOL: Wave (B) might have started, and resistance for wave B is defined between $159.33 and $161.97. The support zone for wave (B) in this correction is defined between $140 and $151.46. There is no need to test the $140 level, but reaching $151.46 or $148 before reversing to the upside would be ideal.
Crypto Banter Signals
PEPE: The price is likely working on wave (B) of iv. One more high is still expected in this cycle in wave v. A more direct move to the upside and break above the May high would indicate an extension of circle wave 5 of iii. For now, I am watching for a larger wave iv with support between $0.x47707 and $0.x21581.
PEPE: The price is likely working on wave (B) of iv. One more high is still expected in this cycle in wave v. A more direct move to the upside and break above the May high would indicate an extension of circle wave 5 of iii. For now, I am watching for a larger wave iv with support between $0.x47707 and $0.x21581.
Crypto Banter Signals
ETH: The price has reacted to micro support today, but seems weaker than Bitcoin´s chart. However, I also assume that Ethereum has formed a lasting low. However, signals are less clear on this chart. I prefer further upside for a clearer wave c of (5), but if the price breaks below $3,351 I assume that wave 2 in yellow or wave (e) in purple has started, with support in the region between $3,248 and $2,956.
ETH: The price has reacted to micro support today, but seems weaker than Bitcoin´s chart. However, I also assume that Ethereum has formed a lasting low. However, signals are less clear on this chart. I prefer further upside for a clearer wave c of (5), but if the price breaks below $3,351 I assume that wave 2 in yellow or wave (e) in purple has started, with support in the region between $3,248 and $2,956.
Crypto Banter Signals
BTC: I assume that Bitcoin has formed a lasting low on the 5th of July as long as the price holds above $56,422 in any pullback. In the short-term, wave c of (5) of 1 should see a few more upward adjustments, possibly towards $69,350-$70,657, but technically, the minimum expectations have been fulfilled, because the price has reached $68,550, or at least has come close enough. A break below the intraday low at $65,870 would be a first indication that wave 1 has formed a price top.
BTC: I assume that Bitcoin has formed a lasting low on the 5th of July as long as the price holds above $56,422 in any pullback. In the short-term, wave c of (5) of 1 should see a few more upward adjustments, possibly towards $69,350-$70,657, but technically, the minimum expectations have been fulfilled, because the price has reached $68,550, or at least has come close enough. A break below the intraday low at $65,870 would be a first indication that wave 1 has formed a price top.
Crypto Banter Signals
$ONE Market Analysis
The price action of $ONE on the daily timeframe is consolidating within a descending triangle pattern. It is respecting its horizontal support level, marked between $0.01407 to $0.01249.
After a successful retest, we can expect further upward price movements. 📈🔼
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$ONE Market Analysis
The price action of $ONE on the daily timeframe is consolidating within a descending triangle pattern. It is respecting its horizontal support level, marked between $0.01407 to $0.01249.
After a successful retest, we can expect further upward price movements. 📈🔼
➖➖➖➖➖
Crypto Banter Signals
BTC: The support levels are still holding and the price has broken above the previously mentioned breakout zone. The $70,000 level is the next structural resistance level. I have removed the high B-wave scenario from the chart because it does not make sense in this context of a direct breakout. Wave 1 is either extending or wave 3 is already unfolding, but an already unfolding third wave would have started from a shallow wave 2. This scenario therefore requires confirmation through price action, such as a break above $75,000. I told you it should be an interesting Saturday. 👀
BTC: The support levels are still holding and the price has broken above the previously mentioned breakout zone. The $70,000 level is the next structural resistance level. I have removed the high B-wave scenario from the chart because it does not make sense in this context of a direct breakout. Wave 1 is either extending or wave 3 is already unfolding, but an already unfolding third wave would have started from a shallow wave 2. This scenario therefore requires confirmation through price action, such as a break above $75,000. I told you it should be an interesting Saturday. 👀
Crypto Banter Signals
PEPE: The price could be working on wave (B) of (iv) or wave v of a still unfolding wave (iii) as per the scenario shown in orange. My assumption is that the next few months will be difficult and choppy, because the price is moving through a series of fourth and fifth waves. Either way, further upside is still expected in the bull market as long as the $0.x32085 level is holding. Below this level the bullish outlook will be challenged.
PEPE: The price could be working on wave (B) of (iv) or wave v of a still unfolding wave (iii) as per the scenario shown in orange. My assumption is that the next few months will be difficult and choppy, because the price is moving through a series of fourth and fifth waves. Either way, further upside is still expected in the bull market as long as the $0.x32085 level is holding. Below this level the bullish outlook will be challenged.
Crypto Banter Signals
ADA: The price has reached the downside target of $0.359, which is the 100% extension level of wave (A). However, there is no sign of a reversal yet. The trend line seems to be quite relevant with 3 touchpoints. A break above the trend line could be a first signal that wave 2 is complete. The trend remains down in the short-term as long as the price holds below the trend line.
ADA: The price has reached the downside target of $0.359, which is the 100% extension level of wave (A). However, there is no sign of a reversal yet. The trend line seems to be quite relevant with 3 touchpoints. A break above the trend line could be a first signal that wave 2 is complete. The trend remains down in the short-term as long as the price holds below the trend line.