Well almost every crypto moved fast today. Price in wave C area. Note, personally this is not bullish enough, the sell can continue
Downtrend channel, end of wave 5 possibly. Except the ABC wave retractement
I don't want to sound negative, but what's the idea behind axie? How sustainable is it. Well from the charts price is going down. ( Obviously this correction or should I say change in major trend is soo... Cold. Brace yourself for next level around $36 area. Or could there be a turn around zone? Not anytime soon I guess 🙂
Here my thought on BTC getting to 80k though it's in a corrective state. Let's expect an upward move to end wave 5
price has been going down and its not a suprise at all, even stocks fell and btc is somewhat related to some stock out their in terms of charts. price in my opinion going to look to the strongest possible support level. in out previous analysis it looks like the head and shoulder pattern is playing out
Is this the buttom based on my previous analysis? Prices sank to ~39k area. This could possibly reverse here
Don't fret, don't be scared it happens always. On the monthly chart theres a possible double top. Zooming into the daily chart. You could see a H&S with price at the neckline. Brace yourself for 39k possibly
Ethereum has made a solid run up. But there's a time for correction I think it's now there's a divergence on the daily timeframe. Price making a five wave up. With an inner five wave starting from the wave 2 correction of the larger wave form. Currently and possibly it can make a wave 4 retracement of the inner wave.