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$BNB: As mentioned months ago, price entered my ideal zone for a local top and has reversed to the downside. It is now trading within the support area for a potential wave-4 low, with key support around $754. My preferred scenario is one more high in wave-5 to complete the
BNB0.18%
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$ETH: My preference is still a pullback into the support area between $2,894 and $2,825. A sustained break above $3,018 would suggest that the price has chosen for a direct move to the upside.
ETH0.42%
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$BTC: Price has already broken above the descending trendline. A successful retest from above would confirm a bullish signal. However, as long as price remains below $89,487, another wave/2 low is still possible, ideally reaching at least the $86,578 level.
BTC0.12%
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$KGEN (by request): This chart lacks structure and offers no high-probability setup. I would not trade it in its current state. The upside move appears corrective, which keeps the risk of a sharp decline on the table. Key resistance is at $0.25.
KGEN3.82%
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$FET (by request): Wave-(3) may be unfolding as an upside diagonal. I am tracking this scenario as long as price remains above the last swing low at $0.12. Note that diagonal patterns are generally less reliable. Resistance is between $0.657 and $1.726.
FET-3.27%
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$VET (by request): Not a bullish chart. It seems that the price is following the bearish roadmap. Ideally reaching at least the $0.0075 level. Resistance to keep the downside pressure alive is between $0.0154 and $0.0208.
VET-1.3%
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$BTC price continues to move sideways. Another low in wave-2 appears to be likely as long as the price remains below the descending trendline. Ideal target to the downside is the $86,083 price level.
BTC0.12%
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$BTC dominance chart is trading within the channel. A weekly break below the lower boundary line of the channel could be the first signal that the pattern is breaking to the downside.
BTC0.12%
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$ETH price is still above the trendline. Support for a wave-(B) low is between $2,894 and $2,825.
ETH0.42%
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$BTC: Price appears to have formed a minor five-wave advance to the upside, completing wave-1, and is currently trading below the descending trendline. As long as price remains below this trendline, another test of the support area remains likely.
BTC0.12%
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$ETH has broken above the descending trendline. As long as price holds support, a move toward the resistance zone is likely. Key support is at $2,825.
ETH0.42%
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$BTC: Added a support zone for a potential Wave C move to the upside. Support: $85,481 -- $86,885 Invalidation: $84,472
BTC0.12%
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Don't trade to feel something, trade to execute a plan.
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$ETH: The price has already reached the descending trendline. A break above it would indicate that wave-A has already bottomed out. For now, another low in wave-A is still on the table.
ETH0.42%
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$BTC price reacted at the 1.618 Fibonacci extension and reversed to the upside. A sustained break above $89,487 would be the first signal that wave-c of iv is unfolding to the upside. The descending trendline remains a key level to watch.
BTC0.12%
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$BTC dominance chart has broken above the 59.80% level, confirming that wave-(2) is still unfolding to the upside. Ideally, price pushes slightly higher into the 60.23%--60.74% zone to complete this correction.
BTC0.12%
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$SOL: And the price broke below wave-iii low and has reached the 78.6% Fib retracement level. Ideally the price pushes lower. A break below $95 would suggest that wave-4 is still unfolding to the downside.
SOL-0.47%
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It is more likely that we will see a final B-wave rally to the upside before the bear market begins. This is purely based on the chart structure and indicators, which are at extreme lows while price is not at bear market lows.
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$XRP price broke below $1.81, which suggests that wave-(b) is still unfolding to the downside.
XRP-0.41%
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$ETH: The price didn't manage to break above the descending trendline. The ideal zone to form a local low in wave-A is between $2,772 and $2,634. A break below $2,621 would suggest that the price has chosen for a direct move to the downside.
ETH0.42%
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