Take a look at the major cryptos analysis if you haven't already seen it for today.
The volume weights for today to recreate this exact chart are the following (enter it in symbol search).
BINANCE:DOGEUSD*0.195+FTX:SHIBUSD*0.158+COINBASE:ATOMUSD*0.111+COINBASE:JASMYUSD*0.096+COINBASE:WLUNAUSD*0.085+COINBASE:LINKUSD*0.084+COINBASE:GALAUSD*0.078+COINBASE:ALGOUSD*0.067+COINBASE:ICPUSD*0.064+COINBASE:SPELLUSD*0.063
Similar to the majors, we will see a drop in Minors. The drop could be much higher than in Majors due to Minors having higher momentum on both sides. However, the minors are displaying much higher bullish momentum than the majors, and I expect to see high gains among a couple of these coins. Make sure to wait for a drop before going long. I expect at least a 5% drop in most of these coins over the next 24hrs because the top fractal is confirmed. Once the bottom fractal is established, meaning the downward wave has come to a stop, which should happen tomorrow, then is the time for us to go long for maximum gains with very tight stop losses.
I was waiting for a higher volume reading the past two days, and we got that. The higher volume reading isn't where I was hoping to see it, so that is a bit of a contradiction. This could mean the next down wave could be a strong one. If it is strong, you know that it will be a bear trap. I will be buying the next dip with no fear. However, the higher probability that the price action will be similar to what we saw recently highlighted in yellow. Both the minors and majors are aligned from a momentum point of view.
Few of the coins in order of bullish momentum to consider going long are (but are not limited to)
SPELL, DOT, UNI, SOL, ADA, ATOM, LUNA, GALA, ICP, ALGO
I won't have the time to write up the analysis on each one, but the setup should be similar for the above coins.
The volume weights for today to recreate this exact chart are the following (enter it in symbol search).
BINANCE:DOGEUSD*0.195+FTX:SHIBUSD*0.158+COINBASE:ATOMUSD*0.111+COINBASE:JASMYUSD*0.096+COINBASE:WLUNAUSD*0.085+COINBASE:LINKUSD*0.084+COINBASE:GALAUSD*0.078+COINBASE:ALGOUSD*0.067+COINBASE:ICPUSD*0.064+COINBASE:SPELLUSD*0.063
Similar to the majors, we will see a drop in Minors. The drop could be much higher than in Majors due to Minors having higher momentum on both sides. However, the minors are displaying much higher bullish momentum than the majors, and I expect to see high gains among a couple of these coins. Make sure to wait for a drop before going long. I expect at least a 5% drop in most of these coins over the next 24hrs because the top fractal is confirmed. Once the bottom fractal is established, meaning the downward wave has come to a stop, which should happen tomorrow, then is the time for us to go long for maximum gains with very tight stop losses.
I was waiting for a higher volume reading the past two days, and we got that. The higher volume reading isn't where I was hoping to see it, so that is a bit of a contradiction. This could mean the next down wave could be a strong one. If it is strong, you know that it will be a bear trap. I will be buying the next dip with no fear. However, the higher probability that the price action will be similar to what we saw recently highlighted in yellow. Both the minors and majors are aligned from a momentum point of view.
Few of the coins in order of bullish momentum to consider going long are (but are not limited to)
SPELL, DOT, UNI, SOL, ADA, ATOM, LUNA, GALA, ICP, ALGO
I won't have the time to write up the analysis on each one, but the setup should be similar for the above coins.
Momentum is your friend. Think beyond the box, expand your reality and you will be ahead of the trend.
