I suppose, the growth is delayed. Current structure still can be an impuls only after sweeping move above 630 on high volumes.
But. More realistic would be a continuetion of a flat like I sketched out. Because volumes on top 3 cryptocurrencies are very low, it doesn't look like before the growth. Also alts made zig-zag correction from the lows of 28th of May. And even more alts made impulses downwards 4-5 of June.
Still some small growth can be in this case, but without significant changes in the essence.
But. More realistic would be a continuetion of a flat like I sketched out. Because volumes on top 3 cryptocurrencies are very low, it doesn't look like before the growth. Also alts made zig-zag correction from the lows of 28th of May. And even more alts made impulses downwards 4-5 of June.
Still some small growth can be in this case, but without significant changes in the essence.
Comment:
Full scale impuls happened from 3th of June. In accordance with general idea (zig-zag)
I think we will see one more decline
But there are many complex structures (W, X, Y), so the whole layout is not the most reliable.
In general, I think crypto is in downtrend
In general, I think crypto is in downtrend
Comment:
On green wave 5 completion sale at any level
Comment:
Possibly, this is it - the start. Last high was made with low volumes. Wave 5 could be the failure. Or we will see something like a diagonal triangle. Anyway, I sold.
Comment:
Correction is in process
Comment:
Upward impuls structure was broken at midday June, 4. After that all targets of a decline is only my predictions.
Initial decline started with a-b-c correction. I circled it out and enlarged in attachment. Help me mark it as impuls. Because of this the whole structure from the top is rather corrective than impulsive. So, I think some flat onward is more likely, than straightforward decline.
pasteboard.co/Hpiiroz.png