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.
Crypto Banter Signals
ETH: The local trend is still down and there is no upside reaction yet. I now assume that we will see at least a test of the invalidation point of the triangle pattern at $2,810, barring a surprise reversal to the upside. We might see further downside continuation for a test of $2,671 and then $2,446. I am watching for reversal signals, however.
ETH: The local trend is still down and there is no upside reaction yet. I now assume that we will see at least a test of the invalidation point of the triangle pattern at $2,810, barring a surprise reversal to the upside. We might see further downside continuation for a test of $2,671 and then $2,446. I am watching for reversal signals, however.