ETHUSDT is trying to form a bullish CYPHER:
1. there is a strong support at 2455 region, which could be broken out and move downward;
2. it is then targeting D point, 0.786 or 2395 region;
3. it could move deeper to 0.886 or 2355 region; so the reversal region could be 2355-2395.
There could be two harmonic patterns and two trend lines:
1. ETHUSDT seems to bounce between two trend lines;
2. it could break out the upper trend line, then it is going to form a bearish CYPHER with D at 0.786 or 2650 region;
3. if it breaks out the lower trend line, it could form a bullish BAT with D at 0.886 or 2360 region.
BTCUSDT has tried to test upper resistance twice but cannot break out. Now it is moving downward:
1. the downward trend is as expected, given a ALT bat has been completed near 1.13, getting reversal;
2. another new pattern, bullish SHARK is being formed. D point is expected to reach 0.886 region, near 36900;
3. Then it could get reversal and move up to 47000.
LINKUSDT is going to form a bearish SHARK:
1. its D is targeting 0.886 region (25.1) and then get reversal a little bit;
2. it is now trying to test or break out one of resistances at 24.2 region;
3. it could move up to 28.5 after a little longer time.
There are two harmonic pattens, waiting for D formation:
1. a SHARK pattern (blue): D is expected to reach 0.886, about 73;
2. the other one is a BAT pattern (yellow) with D expected at 0.886, about 63;
3. D of the SHARK seems to overlap with 1.272 of the BAT. So FILUSDT could complete BAT first, get reversal a little bit and then move up to form SHARK; or it...
From 1D chart, ETHUSDT could be on a Garterly pattern, completed at D region (0.786):
1. It could get reversal a little bit from 0.786;
2. It is more likely to move higher to 0.886 and even to 1.13;
3. 20D MA is going to UP cross 20D EMA, starting a new bull cycle.
From 1H chart, there could be two harmonic patterns overlapping, SHARK and BAT:
1. ETHUSD is trying to form a SHARK pattern, downward to D (yellow) point at 2170 region, then get reversal; D could be a good point for buy;
2. It could likely hit 2240 region and be supported by the trend line, then upward to D (blue) point at 2410 region of a BAT pattern.