A possible bearish sell ABC is forming for ETH if its keep getting rejected at the 50DMA. Price targets at the green box are in alignment with a retest of the multi month resistance trend line.
A possible bearish sell ABC, blue, is forming. 50DMA have to hold to prevent. Possible bearish price target between 38-36 K.
Link is revisiting its previous correction zone from the lilac ABC pattern and is currently forming a new ABC buy wave, white, with a higher level of price target.
DOT revisiting its previous correction zone from the blue ABC and is currently forming a new ABC buy wave, white, with a higher level of price target.
ADA is testing support at the lower orange box wich is the initial correction zone from the blue buy ABC pattern. A bounce off of that zone would continue the bullish case. Also a double bottom is in the books as well as a furter downward trend in an ABC wave. Price movement is much depending on the mayor BTC movement in the next days.
BNB has reached its sell target, green box /yellow ABC which is in alignment with the golden pocket of the whole price movement. We see a reaction at the 0.375 fib wich can bring the price furter down in a 12345 wave, lilac wave, with a target of approximately 170$. This zone would also represent the 0.786 fib of the whole price movement.
BNB is building 2 bullish ABC patterns, green and blue. Have to hold at any of the 2 orange marked boxes and bounce off of that levels for bullish continuation. Pricetargets marked at the green boxes.
ADA reached its anticipated goals of correction. Double bottom in the books and a harmonic pattern is forming. Overall ADA is following the superior structur of BTC