xTomato

xTomato

Bitcoin is experiencing resistance on the weekly trendline causing a slowdown on it's rally completing a five wave move on a lower degree that will serve as a first wave of a potential 3rd wave extension for the miniscule count, market might squeeze some early short positions on current price up to 70k-ish price level and develop the bearish divergence on 4H time...

xTomato Updated 

A 4 hour regular bullish divergence is observed on a possible 5 wave completion for wave A, short term rally could be expected towards 1.10xxx-ish area, once a 3 wave corrective pattern is completed market could potentially move down to complete a higher degree pattern.

xTomato

XAG is on it's way to complete it's final wave for wave 1 of 5, We could expect an extended wave since waves 1 and 3 are almost equal in size, but still be wary of the upper channel price might still react when market reached 34.xxx level.

xTomato Updated 

After the sharp drop from my previously published idea, Bitcoin is now attempting to create an impulse; If a successful retracement for wave 2 is accomplished we should expect a 3rd wave rally towards 65k levels breaking the B wave and confirming the termination of the corrective pattern, to further support this reversal Idea bullish divergences can be observed on...

xTomato

Solana keeps on failing to create a bearish momentum below the current range, after applying wave counts it is highly probable that the sideways move has come to an end and we are expecting a very impulsive move up for 3rd wave on the lower degree to proceed the higher degree 5 wave pattern

xTomato

As part of the retracement wave (2) is not yet completed and the rally that we are experiencing is all part of the sub wave B of the second wave unfolding. Lower targets is highly possible

xTomato

The fifth wave of bitcoin is measured at around 80k levels, but based on the channeling method the fourth wave made a "throw-under" which might indicate an extension of fifth wave that could result into a "throw-over" above the upper channel, which measures around 140k , current price action has formed an inverse head and shoulder, a confirmation for...