Price action backed by good fundamentals and recent developments; ie,waves DEX and USDN as native stable coin in waves blockchain getting more popular in DeFi pools. also not to ignore total value in DeFi assets locked in Waves almost $2bln which is impressive.
Technically though we could see a small drop as shown on the chart in order to end the wave 2 of 3rd/C...
ADA show bear divergence on daily time frame ever since Jan 17th top which was important fib extension related to last March low.
Plz see notes on chart.
Support levels, S1/2/3 are calculated based on the fib levels ( not shown on chart ) on the falling wave.
DGB has been in bear trend just as most of AltBtc pairs.
we expected 5th wave of bigger bear wave C termination in the range of 50-60 sat.
But DGB reversed from higher levels at 68 sat.
even though this bottom has not confirmed yet which needs to take out the prior swing high at 115 sat, Price action suggests other wise.
we think 68 sat is the final low and risk...
XEM has been consistent with their proposed road map and project so far.
PA suggests more growth on horizon in both pairs.
Lower TF for long entry recommended when pullbacks since at local resistance right now as seen on the chart, or buy stop over the local swing high in case of break out.
RSR most likely ended 5 waves which ended at 71 sat.
hence bullish correction expected .
looking at hourlies we could see an upward swing high with candle close at 0.0786 fib ret ( 1st resistance ).
followed by pullback.
Possibility of new bullish trend would be considered once prior "wave 4" is passed.
Time frame for upward corrective swing by end of Oct.
ETH had a nice run to higher resistance coming from ATH fib ret.
with ETH2.0 being tested recent active marketing from ETH Devs made the pamp possible.
But now she needs to correct the same rise which shown on chart.
corrective price action which might take few weeks.
Much more up side potentials after this ends.
BTC failed to make a new high over 14k.
BTC.D also points to further fall.
DXY, Dollar Index, has completed 5 waves down and not needs to correct the same upward for weeks to come.
Total 2 shows rise at least 3x.
due to all this BTC most likely in Bearish for the coming weeks,
obviously there would be bounces like from 10.5-10.8k area to test the 11.5k-11.7k...
Eth has been in growth ever since march low with much more top side to be expected.
we are showing the weekly wave count in this chart which sub sections could be seen in lower TF.
as always for entry plz use 1H/30 min TF, if you have not already purchased.
Ontology claims to be the first Lending cross-chain DeFi platform with an IPO token called "OIN" yet to be Launched.
Price action on weekly certainly points to such development moving into next year.
Could be considered as good Hodl .
Plz work out your entry on hourlies.
Tezos had a nice run since March low which corrected and made further advance.
Expect growth to $5 and $6 and even higher levels by end of this year.
we could see nice waves forming related to prior which makes it possible to predict the future out come.
AlgoUsdt seems has completed 5 waves advance from March lows to last top at 0.76 Usdt.
Expecting a correction shown on chart.
Buy entries after confirmation on reversal.
Need less to mention the quality of project and potentials for future growth.
Raven yet under the down trend line which forms a falling wedge .
Bullish divergence in Indicators on higher time frame points to reversal with Bottom most likely in place.
expect break of trend line shown on chart with Growth in near future.