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.
In your opinion and according to your thorough research and analysis’. However, in regards to Jasmy; What do you see it hitting- long term and short term??
I appreciate your time and ideas!
Thanks.
Saver0
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@the_DoC7 I can only detect misbalance in the previous couple of fractals at this time so I cannot issue predictions that far into the future. JASMY had today's target on my chart sand it remains bullish. It could have a lot more steam left. If it makes it's way down, then I can tell you how much of a retracement it could make. Sorry for not being able to give you an exact answer.
Matthewsan
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I think from where you had, instead of buying. I think you should sell all the way down to like a 1/7th of a penny
dbrock0007
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U WONG WHAZ NEX?
The_ForexX_Mindset
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This is the only coin that can make me a millionaire. I know why. I’m giving up all other coins. I have reasons to believe this will go back at least way over $30.00 long term. It’s worth waiting. Even if this coin went to 0.01 I’ll be at 405.353.00K
I appreciate your time and ideas!
Thanks.