$ENJUSD - Enjin could head downwardsHello everyone!
There is a strong divergence on Enjin chart, please be careful.
The price could drop down to 1.40
Marketsurfer
$XTZUSD - Wave analysisHello everyone!
Head and shoulders pattern is complete on XTZUSD and starting from here, Tezos should retrace a bit.
The first target we are watching here is 6.69
$DOTUSD - Hang in thereHello everyone!
The cryptomarket corrected today after the release of economic data from the US, the US Dollar index almost hit 93, hence gained some weight over all assets traded against it.
There are various patterns on other altcoins, some like AUDIO even gained more than it lost today but we'd like focus on Polkadot.
So far it's above the dynamic support, and if keeps above it, will jump to 36 and 37.4.
However closing below this line might get the price to 32.
$ENJUSD - Falling wedgeHello everyone!
ENJUSD is about to complete the correction and breakout from the falling wedge.
As a rule wedge has a 5-wave pattern, however to go long, wait for the breakout from the wedge and go long.
$XTZUSD - Going to new highsHello everyone!
XTZ is preparing for an uptrend move after a correction.
There is a parallel uptrend channel formed, so following that channel, another high for XTZ is expected at $7.0
$ORNUSDT - Could jump to 9 if above 8.20Hello everyone!
ORN is about to jump if closes above 8.20. Next target is 9 and if closes above that will go higher to 11 and 12.3
RSI and Bollinger Bands are very bullish although watch for a resistance and the volatility today and tomorrow.
$ENJUSDT - Must close above 2.1945Hello everyone!
Enjin shows a great strength and bullish signs however watch for the closing of this 4H bar.
ENUSDT must close above the previous high to continue the run, RSI is overbought, so trade with caution. Wait for the breakout.
$YFIUSDT - DivergenceHello everyone!
There is a divergence on YFIUSDT!
While the Relative Strength and the Volume is going down, the price is going upwards.
The explanation to this is that all crypto are following Bitcoin but at some point buyers would start accumulating their profits, hence we are looking to short it.
$BTCUSDT - Elliott wave countHello everyone!
Sorry for being away for a long time, Delta Variant visited us recently but asked to get the hell out!))
Nice moves by Bitcoin, Impulse remains, motive wave looks very strong and another push is expected.
Here is our Elliott Wave count, hope it works! Wait for it to close above 40200 and go long, you can go long now with a stop loss at 39600 or wait for a breakout of 40200.