Ikeben

Ikeben

price on a five wave decline but a possible wave 4 retracement is on the way i think.

Ikeben

price broke the trendline, and possible head and shoulder pattern forming, a break and a retest above neckline can confirm the buy

Ikeben

what ever we call it, its not looking great for bitcoin. a pump can push bitcoin lower into the 18-14k region

Ikeben

Though price is down, but I see an ABC correction here, I think July till mid September would be a green month for BTC, but don't expect ATH lol.

Ikeben

Cardano is not looking great, and can go down the more. We are in a bear market but some coins and tokens would suffer the more, cardano has more downside to go

Ikeben

We are just beginning. Previous structure has been broken, sentiment is still bearish. There could be a retest into 28k region but it's not gonna happen now. The market has to cool a little bit for is to see the retest, and based on price reaction on the retest, we could short from there.

Ikeben

Well what do you say here ser. Price still respecting the gann fann. Possibility is going down is pretty high.

Ikeben

Here's what has happened in the last couple of days. If BTC plunges further, ADA will dip hard

Ikeben

Price is moving as expected, but I'm waiting for that's bullish pullback. That is, wave 2 correction. This is yet to be invalidated though. Seriously waiting to see double, triple button, inverse H&S,

Ikeben

Possibly was that a bull trap? I think a new 5 wave down could emerge.

Ikeben

Well almost every crypto moved fast today. Price in wave C area. Note, personally this is not bullish enough, the sell can continue

Ikeben

Price is still moving as expected. There's a flat corrective pattern from sub wave AB. I'm expecting price to go down the 5th wave area. From your there we expect the completion of the price correction to wave C.

Ikeben

Downtrend channel, end of wave 5 possibly. Except the ABC wave retractement

Ikeben

Honestly what do you think about cardano? I'm seeing head and shoulders pattern here but I don't want to believe that ada would dump.

Ikeben

I don't want to sound negative, but what's the idea behind axie? How sustainable is it. Well from the charts price is going down. ( Obviously this correction or should I say change in major trend is soo... Cold. Brace yourself for next level around $36 area. Or could there be a turn around zone? Not anytime soon I guess 🙂

Ikeben

Here my thought on BTC getting to 80k though it's in a corrective state. Let's expect an upward move to end wave 5

Ikeben

price has been going down and its not a suprise at all, even stocks fell and btc is somewhat related to some stock out their in terms of charts. price in my opinion going to look to the strongest possible support level. in out previous analysis it looks like the head and shoulder pattern is playing out

Ikeben

Is this the buttom based on my previous analysis? Prices sank to ~39k area. This could possibly reverse here