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5% drawdown from the right shoulder of a Head and Shoulders pattern setup can be expected as drawn on this 15m chart. Price action in a parallel channel and downward impulse wave to fill the wave-iii. Chaikin Money Flown in a negative divergence as diving below zero plus Fisher transform 2H bearish crossing suggesting time correlation in 16h ahead.

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PERLUSDT is igniting an impulse wave in reaction as the price bounce inner a broadening structure, in a micro triangle breakout. Fisher Transform bullish crossing is suggesting the direction in time correlation. Aiming 5% upward wave-iii.

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BNBUSDT is heading a potential downward leg to complete iv-wave of this channel. On the 4H chart we can see a strong bearish correlation between the price action and Chaikin Money Flow bearish divergence, in which we have a c-wave failure case. The next demand zone is confluent with the Fibonacci retracement projection.

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BTCUSDT just made a peak accomplishing the wave B, likely starting a impulse wave inner the next wave C downward. On Chaikin Money Flow we can see a hidden bearish divergence on this daily chart. Overbought condition on ESCGO_LB suggesting that a bearish leg is coming to close the week. I'm expecting a drop to the 20k demand zone region to finish this minor A-B-C...

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BTCUSDT is trading in a ZIG-ZAG channeling formation, in which the actual price action is about to reverse from a micro A-B-C-D-E triangle to fill this parallel channel with the final bearish impulse wave.

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According to my wave count, BTCUSDT is finishing an 5th wave expanded in an ending diagonal to complete wave 5 of the actual bearish impulsive wave of this cyclical bear market.

firmestudio Updated 

As a update about my current bear position on CZ coin as you can see by the link below. The price action is heading one leg downward to complete a wave 5 of a contracting ending diagonal, according to the Wave Principle. That seams a breakdown can be expected to the local demand, as we can see clearly on this chart. After broken, the trendline tends to be...

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Chaikin Money Flow oscillator hidden divergence suggests price action has peaked at supply zone. H4 Overbought. Price trapped by throwing-over diamond top chart pattern by overnight but printing lower high, validating wave (ii). Expecting a profitable impulsive swing downward towards 14.6% Fibonacci retracement level amid 27970, completing wave (iii) @ local...

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BNBUSDT is about to make the most profitable wave for position / swing traders at this actual peak as the price action tends to break-down the ending diagonal, in which the price just complete the final (5th wave) leg. All explained at the chart.

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Price action is probably leading to retrace at least 27750 to make the minuscule wave 2. Patience will pay swing traders aiming lower lows. On this updating 15m wavw count you see the crystal clear. Look at Chaikin Money Flow and compare to RSI. You can see how good is this oscillator.

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Another bearish divergence on Chaikin Money Flow as the price action throwback to the upper resistance of the triangle. A swing downward is starting to make a wave-a of a extensive wave-iii, which can b a great position for the day trading. How log will be this wave? Let' see forward. But is very probably that we are in an expanding ending diagonal to complete wave (v).

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BTCUSDT is in a downtrend now to fill the corrective wave-A in a broadening structure, which suggests by the wave count that we are in the terminus of a micro wave-ii, thereby the expected retrace can reach 27750 in the rest of the day, i.e. I'm predicting a extensive wave-(V) in a expanding ending diagonal (broadening wedge formation).

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BTCUSDT entered in a downtrend on a corrective intermediate Zig-Zag pattern, in which minor wave-(A) is potentially aiming the greater demand @ 19600. A swing trading plan can be made easily based on supply and demand theory, avoiding to trade in the grey sectors, so-called equilibrium zone.

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Potential breakout from point E of this descending triangle. PERLUSDT can growth easily more of 64% by the week, but a first swing in a break-out wave can be expected to start tomorrow. This impulsive projected from an ABCDE triangle can rise wild after the actual D-E decrease. The Fibonacci retracement is beautifully confluent in 14.6% key level with trend-line.

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Potential Head & Shoulders chart pattern for ADAUSDT. The price action will fall to the demand zone. TP @ 14.6% key level of Fibonacci retracement. I'm interested in long till right shoulder logical peak @ the newer local supply expected. Chaikin Money Flow oscillator hidden bearish divergence plus ESCGO_LB in overbought condition.

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Price action tends to interact with AVWAP in confluence to the pending retest @ resistance. Fisher Transform oscillator on H4 suggesting the trajectory in time. An extensive wave inner impulsive bearish wave (iii) expected till local demand.

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The price action is telling me that the next macro swing-downward, probably the last leg-down of this cyclical bear market is igniting. Now, after a retrace of the "thrust-false break" to the weekly supply in an greedy extensive wave v, the shape of this retracement triangle is indicating a reliable reversal point. On the other hand, the bears are slowly taking...

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BTCUSDT made a beautiful corrective C-multi-wave pattern, which surprise terminus finished with an 5th wave leg-up that surpass the trend-line, after an ABCDE triangle. In the Wyckoff Method narrative we can call it an upthrust movement in phase c of a distribution. About the wave count, the entire triangle is an contracting ending diagonal of a corrective wave C,...