Avax forming a big symmetrical triangle on weekly time frame & currently is sitting on big symmetrical support... Although currently is in macro 2nd wave which seems to be end... Soon we may see big moves in Avax storming straight out of triangle, targeting first at 104$ and 2nd around 500$ which aligns which triangle target along with macro 5th wave...
Currently BTC is facing resistance of major trendline (Blue line)+ wedge resistance+ bearish OB resistance... For bullish trend, currently Bitcoin have to break above all these resistances along with 89k level for confirmation of bullish trend.... If it fails and retraces back inside Monday high range, then we can expect price dropping below Monday lows...
On Big Picture starting from 2020.... Inverse H & S was formed... after breakout we got pull back & then it started 8 months rally from September 2020 To April 2021. Then after deep bear market, we got Inverse H&S... after breakout, we got pull back & then it started 8 months rally from September 2023 To April 2024. Now. we got big H&S... after breakout, we are...
Ethereum formed major bat harmonic pattern and now approaching to it's Potential Reversal Zone. Also with that, it's approaching to it's range low. We can expect sweep of range low, although 1400-1200$ region is strong PRZ after that targets would be straight towards 4500-5000$
TOTAL3 has reached PRZ zone of bat pattern aligning with elliott wave count. Frrom here we may see major shift in alts. Get ready for the ultimate altseason boyz!!!
As Updated previously on Macro, We have reached at crucial zone. According to Elliott wave count on big picture, BTC formed ending diagonal and now approaching at it's reversal points. From this area of 75-69k region, there's high probability of trend reversal and we will soon see shorters getting rekt
According to elliott wave count, If BTC has completed it's macro wave (IV), then we can expect it moving to complete it's macro wave (V). In this case if recently impulse move is counted as micro wave (i), then we can expect reversal from 81-79K region very soon. Otherwise, if micro count gets Invalid, then reversal can be expected from up to 76-70k...
On 4hr time frame, clean Change Of Character (ChoCh) has been observed indicating sign of strength. Price is at demand , Stoploss: 0.022, Targets: 0.0423 & 0.05
On weekly time frame Internet Computer (ICP) formed bullish Shark Pattern & currently ICP is hovering over it's Potential Reversal Zone. Soon we expect strong move in ICP targeting 21$ & 38$ price levels.
According to current price action, Gartley Harmonic Pattern is formed on Near. Currently price is on it's PRZ. Also Near has reclaimed range low after sweep. If Near successfully breaks it's previous high, then we may see Near exploding upto Mid range & Range High targets easily.
As Per current price action on Ethereum, Two Harmonic Patterns, Bat & Alt. Bat are forming on Ethereum, and right now price is at PRZ of both patterns. If price reclaims range low, then we may probably will see ethereum exploding upto mid range range high and even further beyond forming new ATH.
According to current price action we can expect 3 scenarios: Scenario 1: BTC is currently at it mid range resistance. If it breaks above this resistance then we may probably see price approaching range high and even beyond. Scenario 2: If it fails to break and rejects, then most probably we can expect reversal from range low demand zone, which aligns with...
We can expect one more push towards 73-70k region before moving towards 120k. Don't get FOMO seeing green candles now. STAY CAUTIOUS !!! THIS MAY BE A BULL TRAP
Things are going accordingly. We are currently probably forming ending diagonal which indicates a trend reversal. If things go even, we can expect reversal from 74-69k region which is also PRZ of bat harmonic pattern. Also golden fib. level (61.8) of micro wave (iii) is aligning in PRZ zone.
Sushi recently on 1hr time frame gave a proper ChOCh which is a bullish setup. Entry region marked (blue box) Stoploss at 0.647 Targets: 0.805, 0.845
According to bigger picture, we're still in bull market, 5th of macro and ending 4th of micro elliott wave. Good news is, that we're about to get back into bullish mega green candles soon!! BTC's major CME gap has been filled and this was also the region where FVG is also available and also corrective pattern (double three) Y ends in this region in combining with...
By looking at Solana's chart, we can see range formation aligning with shark harmonic pattern. we can expect bullish reversal in Solana from 105-100$ price range which aligns with shark D leg zone.
According to range trading rule on Ethereum, sweep and reclaim of range low at ethereum is expected which will finally make alts to boom