In my previous posts, i' ve revealed the weakened chart of #binance coin, #BNB . The structure is weakening day by day. May be there' ll be a relief rally or some bounces but the main idea is: #bnbusd needs a heavy correction in mid term.
#xauusd #gold formed bearish shoulder head pattern in lower time frame. A minor correction is necessary.
#bitcoin #btc price must breakout this ichimoku span to be bullish otherwise declinations will cause forming bearish shoulder head pattern and i gave this pattern' s target in the chart.
#dxy #dollarindex has formed inverted shoulder head pattern in lower time frame. A hard bounce here will likely damage markets such as #spx #ndx #silver #crypto etc. Better to be cautious. Losing 104 is the invalidation of this minor movement scenario.
#bitcoin #btc price seeks to reclaim the channel and now reached the resistance zone. Declination from the red box or channel bottom resistance will likely lead #btcusd to meet new lows. Reclaiming the ascending channel will be temporary bullish. Not financial advice.
If #arbitrum price declines here, AMEX:ARB #arb may head to complete the 5th correction wave by ~ 50 cent. Breaking out this trendline resistance invalidates the 5th wave and bounces hard.
I sense #btc #bitcoin price may have a fake out, take liquidities around 72 - 77K and a declination around 75K scenario will lead #btcusd to its last leg of major correction. I called the major correction in mid march at 73K and gave 1st wave target 57K and now if this scenario does not invalidated, the last wave must end around 44 - 48K. If #btcusdt breaks out...
#binance coin #bnb is sitting on the trend support. After the bounce at 54K, #bnbusd is moving in ascending channel. A bearish divergence has been formed in lower time frame. Breaking this support will be dangerous. Price must hold it to be bullish. Not financial advice.
#solana #sol price has formed bearish shoulder and head in both lower time frame and HTF. Retrace to red box is necessary on the chart.
#bitcoin #btc is still moving in the ascending channel after recent dump. Ascending channels more often confirms the down trend continuation but rarely results trend reversal. I may expect movement like this while P.A. is still bearish. Invalidation: If #btcusd breaks out channel permanently. Not financial advice. DYOR.
#bitcoin #btc has been moving in an ascending channel after the previous dump for days. #btcusd needs to break out this channel top and must have a successful retest afterwards. This channel may broke up, but in general brings another dump more often. Not financial advice.
The chart of #VIX the volatility index is getting even more bullish and this not good for markets #stocks #spx #nasdaq #dji and even #crypto in short term. Not financial advice.
#NX #nasdaq100 index chart is forming a bearish divergence and 4H stoch rsi is overbought. It's not bad to be careful. Not financial advice.
#solana #sol chart has a moderate bearish divergence in lower time frame, pull backs are necessary in short term. Not financial advice.
#binance coin #bnb price is now moving inside the ascending channel after the dump. The structure seems not so strong. Not financial advice.
#lunaclassic #lunc price is now holding the vertical support zone. Unclaiming this zone will bring #terraluna price to bottom of the channel.
#usdt #tether dominance rallied too much in June. But it's not over? #usdt may have a Elliott's 3rd minor wave impulsive move to reach the higher red box. Losing current zone is the invalidation.
#btc #bitcoin price formed a bearish divergence and then divergence played out, #btcusd declined from both trend line and resistance zone.