Ale_IT

Ale_IT

"Wolf waves" and target: these three relative maxima reminded me of these Wolf Waves and so I drew with the red arrow whose line should intercept a downward line between point 1 and point 4, the point ETA ((Estimated Time Arrival) is given by the intersection between lines 1-3 and 2-4, time that will indicate on the red arrow the estimated target of the downside,...

Ale_IT

,,, for BTC my idea is a correction in place, on how there are always many possible options, a couple of these I expose to you In this period I think more caution is needed than usual

Ale_IT

BTC after cutting down the MA 50 was supported by the MA 100, now trapped between these 2 MAs Before taking a new direction in these cases you can see some rebounds between these two bands The short return above the MA 50 probably the end of the correction A break of the MA 100 could lead to an acceleration to the downside

Ale_IT

for EOS towards usdt a small wedge that could help us take position at the brekkout, towards btc a small flags , in this context seem to me to be continuation figures (In daily chart EOS appear in bullish channel)

Ale_IT

the movements of SKY seem to me to be delimited by the boundaries of a triangle where the level in area 2 usdt is functioning as a support, for now I would be waiting for an approach to the support or resistance lines or a I would wait a possible brekkout

Ale_IT

in POA towards usdt I wanted to highlight the various levels that have worked as support / resistance, at this moment the key level towards usdt seems to me 0.080-85

Ale_IT

ARK towards usdt a rebound held back by resistance in area 2.20, I would consider this a level as a dividing line between a possible continuous rise or bearish recovery, even in the comparison against btc there are levels in evidence

Ale_IT

ETH in long-term bullish channel both towards usdt and towards btc I have drawn the intermediate line of the channel in yellow which represents the first support of the movement in red the external borders of the channel

Ale_IT

ALNA in a chart with weekly candles shows itself in comparison with critical levels, above the 1.30 level it could find bullish strength while the level of around 1 is providing support whose break would open the door to bearish scenarios

Ale_IT

LISK towards usdt is down towards both the TL and the MA 50 which cut down and can now function as resistance in an eventual rebound, LISK towards btc has been pushed back by the descending TL.

Ale_IT

For XEM, the bearish break in the 032-031 area has opened the door to the underlying support areas, the bullish movement of these last few hours IF stops on the resistance will be a pullback that confirms the bearish direction, weakness also towards the BTC exchange rate

Ale_IT

EOS after being rejected by the resistance of area 8,6 returns towards the level in area 5 usdt for EOS which will be decisive for the direction of the next few days while EOS towards BTC has always been repelled by the descending TL

Ale_IT

The lateral phase of ADA both towards usdt and towards btc seems to be at the end and ready to take direction again

Ale_IT

Elliott's theory finds many detractors, despite this I propose a reading through this model in which it would seem to me that the BTC has completed a 3 wave and now in the corrective phase of wave 4 In this movement I superimposed the fibonacci levels to look for indications about the amplitude of the correction in place, with the completion of A it will be...

Ale_IT

BTC often stops in lateral phases before finding sometimes explosive trends, lateral phases sometimes outlined by trend lines that draw well-defined figures and the breaking of these lines are the signal for the new trend ,,, for the direction we await the brekkout

Ale_IT

Doge both towards USDT and towards BTC seems to me to be building a continuation figure, the breaking of the figure will be decisive

Ale_IT

BTC on the support in the 60,000 area, still weakness but inside the figure that for now contains the movement for 3 months now ,,,

Ale_IT

For Front / usdt an interesting wedge on the chart with 4-hour candles and in Front / btc a support area, overall an interesting combination even if in this context the objectives are modest