Crypto Banter Signals
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Crypto Banter Signals
BTC: The price indicates that an intraday price top could have formed. The ideal target for blue wave c remains at $64,480. However, the micro patterns are still quite messy and overall there is no change, and no support or resistance area has broken.
Crypto Banter Signals
SUI: The price is still caught in corrective structures within the messiness of a B-wave / wave 4. Local support is still located between $1.328 and $1.522 and until the price breaks below support I am going to watch for higher prices, but the correction might extend a bit more until wave 5 to the upside starts.
Crypto Banter Signals
SUPER: The rally from the August low looks more like a B-wave to me, but if the price can find support in the area between $0.859 and $0.498 then wave 3 in yellow to the upside could start. It might be worth watching for a first micro 5-wave move to the upside, however, once the price reaches the support zone. This would act as initial confirmation that yellow wave 2 is complete.
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POL: The price reacted to the micro resistance level and then broke below the invalidation point for a larger wave b, which led to a rapid decline in wave 3 of (c) of circle wave 3 to the downside. It looks as if one more 4-5 pattern is needed in wave (c) of circle wave 3. I assume that some more downside is going to follow, but a break above $0.383 would indicate that the bulls are trying to take the lead.
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TAO: The price should ideally start the B-wave from this price region, but no signal yet. $438.89 and $384.37 are the next micro support levels. The yellow, more bearish scenario will be preferred with a break below $384.37.
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SOL: The support zone remains defined between $150.83 and $161.04. If wave (4) is already complete as per the white micro structure, then the next pullback should form a higher low in wave 2 in white. Overall I am watching for higher prices as long as the price holds above the critical 50% retracement level at $150.83.
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ADA: Very weak price movements at the moment. ADA: The price appears to be trying to establish a bottom, but more upward momentum is needed to confirm that yellow circle wave 2 has completed. At a minimum, I'd like to see the price sustain a higher low during the first significant pullback.
Crypto Banter Signals
COIN: The price has formed a 3-wave price top in white wave A. I am watching if the price can find support in the next 1-2 weeks in the support zone for wave B, which is defined between $160.20 and $188.98. The fibonacci zone could offer weak support, but B-waves sometimes do not respect fibonacci levels so well. $146.40 is the invalidation point. A 1-2 setup to the upside should mark the start of white wave C to the upside.
Crypto Banter Signals
LINK: The price broke below the small structural support level at $10.68 and the next support level to watch is located at $9.28. These movements do not yet impact the larger timeframe, because $6.90 is the main support level for the bullish scenario. It looks at the moment as if the yellow (c)-wave to the downside is unfolding.
Crypto Banter Signals
BTC: One more low is possible but the price has now reached the blue target zone for wave (c), so circle wave B could start from this region.
Crypto Banter Signals
ETH: The price is still holding below resistance. Should the price break and sustain below the green trend line, then I will start to assume that wave (3) is already unfolding to the downside.
Crypto Banter Signals
NEAR: The price is now on its way to the next support level at $2.95. Wave c of y is currently unfolding. A break above $5.32 would indicate that a more directly bullish interpretation is needed.
Crypto Banter Signals
BTC: I’m currently undecided on whether this is still a B wave or if we've actually been in another upside extension. If the price extends higher, we should see a move up to around $78,000 at least. However, if we break below $71,850 without reaching the $78,000 level, I’ll assume this is just a massive B-wave. It’s been a while since we've seen such aggressive B-waves on the Bitcoin chart patterns, but they used to be quite common in previous cycles.
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RUNE: The price formed an upside impulse in wave (1) of (c) of iii I assume, and wave (2) support is currently located between $4.74 and $5.20. Wave (c) should reach around $8. $4.19 is the formal invalidation point for this 1-2 setup.
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SUI: The support area is located between $2.06 - $2.22 and it needs to hold for this move to the upside to continue as per the white scenario. The next upside targets are $2.63 and $2.82. A break below $2.06 would mean that a B-wave likely formed a price top.
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WIF: I need to see one more high on the micro level for a first 5-wave pattern from the recent low. Once wave 1 has formed, wave 2 should hold a higher low. Micro support is now located between $1.99 and $2.25, but wave 1 would ideally extend a little higher still.
Crypto Banter Signals
DOGE: The support zone for wave (4) remains between $0.117 and $0.1528. To signal the start of wave (c) of (4), a break below $0.1768 is necessary. On the other hand, if another high forms, it will suggest that wave (3) is still extending. There is currently no sign that the next move up has started.
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ADA: 2 updates in one day? Feels like the good old days. A break below $0.3925 would be an indication that the circle wave B pullback has started. As long as $0.3925 holds further upside extensions are possible in the yellow scenario.
Crypto Banter Signals
BTC: Bitcoin Dominance should target 58.9% or lower next. Just a quick reminder that micro structure analysis on the Bitcoin Dominance chart is not reliable, because this is not a tradeable asset. However, we can still use the method to identify some tendencies.
Crypto Banter Signals
ADA: The short-term pattern would look best with one more 4-5 pattern to the upside to complete wave (c) of A. A break below $0.404 would indicate that the circle wave B pullback has started. As long as this level holds, however, further direct upside extensions in this local impulse are possible. $0.4585 is next resistance.