Even with Bitcoin pumping very nicely I am not so sure ZIL is done correcting yet. I would prefer to see it touch the .718 retracement level before next pump. This is a common area a lot of altcoins like to touch. If ZIL breaks out of flag pattern with impulsive pattern then this could be wrong.
Looks likely we can see a nice continuation of current impulses up towards 21 cent zone (or higher).
Wedge breakout happening...binance altseason might be starting now....
Could see a possible triangle correction with GNT.
See a beautiful impulsive pattern play out on GNT. I think the bottom is in (for now). Target around 7300 sats or more...will depend on how bitcoin plays out in the near term.
GNT is showing signs of bottoming out as we can see on 1 hour chart (zoom in) 5 waves impulse structure in place. Waiting for ABC retracement and am planning on getting in.
I am not trading this coin at all as its a dangerous time to be trading new crapcoins....but I think we could see a bounce around 1100 area. Key area to watch!
This stock is showing a strong trend change. 1 year in a downtrend, and with this month could be the start of a big bull trend for a year or more!
Monthly chart is much simper to digest the overall big picture pattern. We still have momentum downwards. I don't trust anyone saying the correction is over, but we could have resolution within 1 to 2 months.
Waiting for 1 more dip then confirmation of breakout triangle.
Pattern possibly showing us finishing an ABC correction (very 3 wave like). This could bring us another (final?) wave play down to $5200 ish...
I am not convinced NULS has finished correction yet. Probability tends to favor longer correction in channel pathway until it hits major support, however a big event could give us some good price action.
Mana shows to me a pretty clear wave impulse pattern going on. 1900 sats looks possible to me.
Theta did what appears to be a whole market cycle on the 4 hour chart. 5 waves up and 5 waves down. I am watching this very closely to see once it breaks out of this triangle if the pattern fails or if we see a continuation. If the trend continues up this could be a 5x coin.
Wyckoff theory says that after a decline in price (usually 5 waves down) you enter the accumulation phase. BTS shows this very clearly before the last bull run. We had a small accumulation phase followed up by a markup phase, distribution, and now mark down. I think we have a little lower to go but after we finish this I expect another accumulation phase with...
Elliott wave theory shows that after 5 impule waves up there is a correction that could come back to prior wave 4 levels. That could mean we see a slight relief bounce this week or next followed by one more dip to around $5.2k or so, then we can see the trend continue on the original direction up.
In what could be the last 5 waves down we could see Bitcoin hit .78 fib level or go lower. I am watching the corrective waves to see what happens but under $6k is very probable at the moment.