I would say without any EW this looks like an IH&S pattern forming on the USD pairs with an upside target of $1.10- $1.17. It won't be easy but I feel $ALGO is lagging vs the BTC pair on the daily chart. So my analysis is pointing us towards a larger move to the upside here very soon. We went long in my group at .82-.84c.
Just put the buy alert out in the group, 5x lev with SL at .82c.
This idea will be labeled as bearish but it should it be noted upfront that I am bullish.. just not at this immediate moment. But I am closely watchful due to the fact that HEX has bullishly engulfed and formed what might be a tweezer bottom candlestick formation on the 4 hour time frame, which are technically seen as reversal patterns. HEX seems to print these...
Consider buying OMG with a hold until Aug. Or Sept. She's getting super tight here.
OMG is a buy here with a SL at $3.50 and a target of $4.02-$4.10 IMO
MATIC i think the crash has been canceled here and would expect MATIC to turn here out of the Very complex correction since late May. Confirmation would be a break of top TL with volume around $1.20
MATIC unable to get any follow through again, as a long term holder this is dissapointing, so my analysis shows we are still in a strong bearish trend
OMG hourly looks to be finished 5 waves up and is currently working though B wave up b4 the c wave down which should hit my $3.34 target. (but no way to be sure) OMG 4 hour is showing that we just finished W1 and are either done with W2 or will soon be. Then W3 targets shown in the chart.
DOT/BTC has been essentially holding chop along their old original resistance.. to fall below may be a trap to sell and short but it may be a sign of a prolonged bear market To hold the support now as it has been and has successfully retested (tho weakened with an additional touch) does give me confidence that dot is essentially consolidating for another leg up...
$MATIC I would say that this probably won't happen, because $MATIC is currently very oversold but would be nice to scoop some cheap quality #altcoins to add to our stack #MATICnetwork
SKL working through a larger wave 3 impulse. Based off my H1-H4 analysis EW minor wave count, the current structure suggests we are in sub wave 4 and entering sub wave 5 which based of the length of W2 &W4 we can project a price target of .40c to .61c as part of the intermediate wave 3.