glnkty

glnkty

Almost all altcoin seem good but be dominance has positive div on 4 h and this might shake good setups of many alts.

glnkty

While many alts are popping MATIC is still silent but could be ready for its run.

glnkty

While many alts are popping THETA seems still in accumulating phase. In short term first target to complete i H&S and to break resistance. If can, formation target can trigger Adam & Eve to carry price to the next level.

glnkty

Negative divergence and resistances.

glnkty

Unless bottom line support is broken BAND can try to break falling trend line and reach top channel resistance.

glnkty Updated 

After broke the trendline, price is approaching to 0.382 fibonacci level. If can stay above of this level i'll label it as wave 2 just before huge wave 3. If can not stay on this level, next support can be considered as 0.236 fib level.

glnkty Updated 

If the count is correct, the 5th wave can trigger the cup and handle formation as a reversal.

glnkty

Note: This chart was not prepared on logarithmic scale to check possibility of correctness.

glnkty

just an exercise, not a trade advice.

glnkty

Positive divergence on hourly RSI and unless support line that is 0.236 fib level is broken an attack to top channel line can be expected.

glnkty

We're going to 3rd leg down to make alts green.

glnkty

We might see 8500-9000 one more last time.

glnkty

After breaking resistance and confirmation it seems as a safe trade for 4.6 rr. Unless an announcement of a HUGE THING announcement fomo next resistance is 210-212 similar to iH&S target.

glnkty Updated 

I think we are completing wave 2 and unless trend support line is broken get ready to big wave 3. Most of alts have similar setups and after long BTC dominance period i hope we are so close and alt season.

glnkty

Price is currently above of trend support line and i guess we are so close to an anoouncement of a "HUGE THING" announcement. Additionally we are near to fibo 0.382 level and that could be end of correction. Any drop below support trend line and confirmation means manually stop.

glnkty

A possible scenario for LSKBTC

glnkty Updated 

Altcoin market cap might show good opportunities while BTC dominance i decreasing. But seems like we need a good new story for a major bull run of whole crypto market with leadership of BTC.

glnkty

It seems like we have completed correction of last attack and 0.618 fib. level is a good support. Still has an increasing RSI trend line and still oversold daily.