Coti is moving as expected, a reverse h/s which also had a very nice retest on the neckline
also, we see an Elliot wave which shows we are on wave 5! so take care, suggest you to play with the stop around the target or sell it at the target and wait for a breakout
because if as per my prediction wave 5 finishes at the mentioned target then we will have bearish...
As you can see in the chart ETH respected 4 hr trend line and also when we zoom out we can see a right shoulder for a reversed head and shoulder is shaping, if ETH can break the neckline and can stay above the neckline the target is marked in the chart.
Please note it's not a financial advice.
SHIB historical support and resistance zone!!!! Do you think we will hit the last one?
we had 460% profit already from our call ;)
SHIB needs to shape proper support, and then continue the bullish movement, so in the short time SHIB will be bearish and in the longer time frame it will stay bullish.
As you can see in the chart in our Previous ATH area BTC shaped a reverse C/H and the deep was exactly the C/H's target, now we can see opposite movement with a big bullish C/H, with a target around 75-77 K, the condition for this movement is to stay above the neckline (52800), Meantime we need to see a breakout from highest high of OBV, let's hope so!
LTC has the following situations :
- cross EMA 21-200 Daily
- Dead cross EMA 50-100 Daily
- Bearish Triangle is broken, retested already, and downward
- RSI divergence
- long red shadow to 118, I believe this is the point we are seeking for.
I am in Short but not financial advice.
the red trend is broken, now we have new trend series, moving between purple one and green one, we need to wait for the support reaction, if it breaks we will 100% see the next support and then another retest on the green trend, if it goes up and breaks upward, we will need a retest on the purple trend before touching 0.60
ETH is moving between a strong resistance and support, while shaped a double bottom, the green trend is a bullish trend which if ETH break it and retest successfully , will start the bullish movement , but as we see , there is a med size of sell ordwr around the trend line which I believe will cause a fall, meantime we have a big buying order in the area of 1375...
What do you think about BNB?
We are under the bullish trend (green), also under the bearish one (red)!
let's see what's the reaction to these 2 supports, Do you believe they can keep or we have to say bye-bye BNB?