I expect a short consolidation b4 new ATH (1 day or so) if we are going to new ATH and beyond. Lower liklihood IMHO that ATH range leads to rejection to 7XK, however it is possible. Price action around this resistance will be informative. I think price action will reveal this to us by a prolonged struggle at the current resistance if that is likely to be the case. Just as there was prolonged struggle at daily after hitting weekly.
This pink line is the line that determines the next wave structure! i.e. UP or Down TREND! Reading my book! :D But want to stress the importance of this line.
In the coming months, Bitcoin is likely to reach its next targets—or at least form one more higher peak. Here’s how it might play out: Orange Count (Wave 4 Correction): According to the orange wave count, Bitcoin is in a larger Wave 4 correction of the impulse that began at 49K. This suggests another high is on the way for Wave 5. Recent Price Action (Higher High Above 102.8K): After closing daily above 102.8K, the wick at 89K should be seriously considered a potential Wave 4 bottom. This implies we could now be in the fifth and final impulse wave heading up to a new high. Two main scenarios could unfold: Scenario A (Regular Impulse): If this is a standard impulse, we’ll see a Wave 2 retracement next—typically between the 0.5 and 0.786 Fibonacci levels of the initial move. That puts a possible Wave 2 target between 97K and 92.5K. From there, Wave 3 would likely accelerate toward 125K. This is shown by the red wave in the chart. Scenario B (Ending Diagonal): Wave 5 often appears as an ending diagonal, which can look like a rising wedge or an expanding broadening wedge. If this pattern takes hold, the next high may not exceed 120K by much. Bearish Alternative: There is still a bearish possibility as long as we remain below the previous high. In this case, the recent upward move could be part of a larger flat correction, which would push Bitcoin lower again before eventually reaching a new high. This more negative outcome would be confirmed if prices fall below 92K (the 0.786 retracement of the move up from 89K). https://www.tradingview.com/x/EIc3As1h/
SUN tv possibilities of correction pattern. most probably the down leg is down now for a pull back to fall again to continue correction until impulse move is seen on the rise. protecting capital and the first target for any trade to be successful. probability is just shown on the chart
XRP is breaking down. Shorts are on. Using Murrey Math, Elliot wave, Kumar wave. Support not present till around $2.40. This could develop into THE high, and the price could return to near $1.25 After a protracted bear.
#FARTCOIN/USDT breaks the Diagonal Trendline in the 1-Hour TF! ? Plan: If the current hourly candle closes with a Market Structure Shift (MSS), I’ll look for a short around the 1H FVG. ? Key Levels: Resistance: PWH $1.407 Support: PWL $0.7213
It looks like it might be QNT's turn in the sun. We haven't seen this happen yet, so it's now or never. The fin sector of the crypto market is this season's main theme. Don't be left behind!
Here is a pair that just recently came out of a major bear-market. The strongest bullish session also produced the market bottom. The same week the ATL was hit, the same week ended strong green. After more than one month of fully red, a strong retrace of the initial bullish breakout, we have a higher low. This higher low can signal the end of a cycle, the start of a new one. Growth potential is amazing on this one as well, another hidden gem. The easy target goes to 638%. A strong target can reach almost 3000%, 30X. What's more, these numbers do not take into account the potential for a new All-Time High. If a new ATH hits this pair, numbers would go literally off the chart and the potential would be beyond 10,000%. It will be super interesting to see how it all develops. A national priority, Crypto USA... This changes everything. The entire world loves Crypto. We are all in. Thank you for reading. Namaste.
Honestly, I don't believe this will happen. However, if life gets funny by letting XRP do the same pattern for a third time, it'll be one for the books.
Another crazy call. ~100X before inevitable death.