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. 📈🔼
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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.
Crypto Banter Signals
SOL: Continuation of the sharp downtrend but there is not much for me to update because so far there is no meaningful reaction to the upside, which could indicate the start of at least a relief rally. The levels also have not changed. $134.19 is next support, then $120 and then $108.75. Below $119 the triangle is invalidated, but I would still focus on a wave 4 correction as an ABC flat correction as shown in white.
SOL: Continuation of the sharp downtrend but there is not much for me to update because so far there is no meaningful reaction to the upside, which could indicate the start of at least a relief rally. The levels also have not changed. $134.19 is next support, then $120 and then $108.75. Below $119 the triangle is invalidated, but I would still focus on a wave 4 correction as an ABC flat correction as shown in white.
Crypto Banter Signals
BRETT: Any break below $0.076 will make this chart less clear, because this would indicate a 3-wave price top as per the yellow scenario. A 3-wave price top leaves the door open for new all-time lows, but I would first focus on a larger b-wave pullback as per the yellow scenario.
BRETT: Any break below $0.076 will make this chart less clear, because this would indicate a 3-wave price top as per the yellow scenario. A 3-wave price top leaves the door open for new all-time lows, but I would first focus on a larger b-wave pullback as per the yellow scenario.
Crypto Banter Signals
XRP: Looking at the bigger picture, the price is likely working on circle wave C in the white scenario or wave (d) in the yellow scenario, of a still unfolding triangle pattern. The upside breakout point is located at $2.06. However, further sideways price action seems likely as per the triangle pattern. In the short-term, the price could work on this local upside pattern within the triangle as long as the support area holds, as shown on the short-term chart. Short-term support is located in the area between $0.426 and $0.524. Please note that wave A was only a 3-wave move, so the short-term pattern is not clearly bullish, but I am watching for further upside as long as the price holds above $0.426. A 1-2 setup is required, as shown on the 1 hour chart, to indicate that wave C to the upside has started.
XRP: Looking at the bigger picture, the price is likely working on circle wave C in the white scenario or wave (d) in the yellow scenario, of a still unfolding triangle pattern. The upside breakout point is located at $2.06. However, further sideways price action seems likely as per the triangle pattern. In the short-term, the price could work on this local upside pattern within the triangle as long as the support area holds, as shown on the short-term chart. Short-term support is located in the area between $0.426 and $0.524. Please note that wave A was only a 3-wave move, so the short-term pattern is not clearly bullish, but I am watching for further upside as long as the price holds above $0.426. A 1-2 setup is required, as shown on the 1 hour chart, to indicate that wave C to the upside has started.