As we consider at this level #ada has to strong support zone which are the fibo 0.618 level (golden ratio) and the midline channel's support after an ABC to the downside I expect ada's gonna supported very well at this level for an upcoming move that i believe as an impulsive 5th wave to the upside ! so this is not a financial advise ! cheerrs
We are in a crucial moment, Everyone is eying the Fed, waiting for a tapering signal...this caused raising USDT.D and falling the crpto market king "Bitcoin" Some push up to downtrend dynamic resistance and fibo 0.618 of impulsive wave expected,but we must see what market decides for ongoing way and patience was always the key of succes !
As you can see AAVE one the strongest Defi Projects had about 30% rally in past few days, well its fairly corrected and supported very well at the channel's midline... as btc leading the market we should stay and watch ... but definetly a fair price for AAVE
A micro view can take into account for a possible 5 wave completion and say that we aren't in any form of abc correction, This also depends on how you want to interpret the impulse 3rd wave we had a few days ago (also whether you want to count the wick or not).
As it seems FTT supported greatly on its daily resistance ,either RSI breaks daily downtrend, seems momentum gains strength to set a new high for $FTT Cheers
After a little breathing and build its structure slowly but wisley ! XRP still has its traget to the moon ! you can follow my previous analysis on XRP to get a perspective of where it can go !
Here is my idea , first of all the the major element is $BAT breaks its daily fibo retracement 0.382 and supported some how at this level, not only it was the top trend on social medias yesterday, in otherhand it gains the enough momentum to break the RSI Daily downtrend in a blink ! ;) In 4H timeframe , BAT actually printed the cup pattern and it has a lotf of...
Im not going to complex situation cause its obvious that the major parameters done their job well enough to see RSI Weekly just break the downtrend after all, and i think we can expect this journey goes on and on till my TP around 1.9 - 2 and we dont have any major resistance after all. TRADE SAFE!
FIL ready to smash all the resistances it has and I expect around 14X performance from here till touch the fibo 0.618 meanwhile it gains high volume on daily time frame... of course we should wait until breaks RSI daily downtrend but also FIL already is on Daily Supoort Zone and confirmed this level. Trade Safe !
Yesterday was blast for Chainlink $LINK which is one of those product you can retired within but collaboration with Opensea caused a strong support above 26 $, and now try to reach 28.3 for the first TP !
Neo try crosses up its dynamic resistance trend line and keep pushin, if we wanna setup eliot waves probably we are in 3th wave ABC correction, and the target may will be the fibo 0.618 retarcement. Also we are right on support zone at 4h time which is already confirmed at this level. Trade Safe ,Stay focus !!!
The whole Defi Ecosystems gonna rule in september, Aave looks strong as bitcoin remains volatile these days. I guess there is no need to preview the whole project here and we cant, but i insist if your not check this yet be wary of the profit you may get via this Token... Cheers
As i mentioned in my previous posts, Ripple gonna shock the whole community with its rally price within a week...
As you can see Crypto Market Cap TOTAL try to gain support at this level that if we look at fibo 0.618 retracment we can see that also were supported somehow at this level, also I believe we are at the beginning of the fifth of an impulsve (12345) elliot wave...
Now we have a true perspestive of what just actually happend, Cardano now is navigating the success of what actually crypto world must do while the Alonzo upgrade on the way ... but technically in Daily time frame RSI setting up a descending triangle that is obvious we have seroius movement in a week ! so this is just an idea and not financial advise ! cheerrs !
Actually ripple looking for momentum to fuel its engines for bullish rally price journey ! its supported very well on this level as placed in dynamic trend line and either on its daily support and also on the fifth wave. so probably we have a party very soon !
Definetly one of our gold digs would be XRP, as its flag pattwrn confirmed with its falling wedge , it would crosses up the dynamic resistance and fly !
As you can see price had tried many times to crosses up the bully downtrend line in about 2 month,so price may knocked back down again till the volume and market gain enough STR to change the trend line and see higher highs !