ZIL since recent bearish impulse has provided us with a correction to retest this area of previous support as new resistance, market is already showing rejection we are waiting for a close back below 4hr support before possibly looking for an intraday short trade.
BTC is looking as though we are going to see another leg down.... on the daily timeframe since the markets recent bearish impulse to the downside yesterday we saw a correction being made to retest the previous daily support as new resistance, this zone also lined up nicely with the 0.618 fibonacci so a confluence of resistance, after a bearish impulse and...
BEARISH impulse on the daily with confluence of this M formation, i expect to see the market complete the M formation at the neckline before the continuation to the downside.
M formation- correction to the neckline before the continuation to the downside.
ANKR is looking very nice here ! We have a massive inverted head and shoulders on daily timeframe since the correction, im expecting a huge breakout soon if we see a 4hr close above resistance.
ONE is looking bullish, on the daily timeframe since the strong impulse we saw which broke above all structure, market has provided us with a correction which has bounced of the 0.618 fibonacci which is also aligning nicely with previous daily resistance- now support. After a impulse and correction we expect to see the continuation, on the 4hr timeframe we can see...
The monthly target remains the same as projected in my previous analysis this nice big wedge on the daily timeframe giving us nice added confluence
So DOT on the daily timeframe we have this clear impulse followed by a correction to retest this previous daily resistance as new support, we can see the correction did wick to the downside which would have taken out alot of stop orders placed below this support, now the market has the liquidity im expecting the continuation to the upside to follow, we will be...
HEALTHY CORRECTION
BTC UPDATE - HEALTHY CORRECTION
SOL is consolidating in the form of this bullish flag on the daily timeframe - market will be very bullish if we can flip this resistance new support.
SRM is breaking above this descending counter trendline, we also have this big double bottom forming on the 4hr timeframe if we break above this confluence of resistance we will see a nice pump in the price.
ETC looks bullish since providing us with a nice correction market has now formed this nice inverted head and shoulders pattern and is currently testing the resistance of this descending counter trendline - if we see a break above this zone we will see price get sent.
AVABTC is now testing this resistance of this massive ascending triangle on the daily timeframe if we break above this zone price will get sent
BTCUSD looks to have found support and possibly bottoming out, we have seen alot of institutions buying up this dip. On the 2hr timeframe we also have nice RSI bullish divergence - Targets 59900, 64000, 70000
DASH/BTC is looking very bullish on the daily we have a impulse followed by a nice correction which has just hit the 0.618 fibonacci and rejected to the upside, dropping down to the 4hr we have a big double bottom- break above the neckline and now we are retesting this zone as support, we can also see this nice 4hr bullflag i expect a breakout and continuation soon
WAVES is one of my favourite low cap altcoins, we are looking very bullish. On the 4hr timeframe market is consolidating since its recent impulse to the upside in the form of this falling wedge formation, i am expecting a break out soon and price to go and make new highs.