$EGLD : Nice move up today but to confirm that the price has formed a low in wave 4 more price action is needed. A break above the green line at $60.50 would help to confirm that wave 4 has formed a low. The correction could easily extend in the white scenario given that double bottoms are rarely reliable reversal structures. $BTC $ETH $EGLD
$BTC : If the price breaks out above $42,210, yesterday's high, and the upward move forms 5 waves, I can consider all 5 waves complete and will watch for a corrective pullback. However, ideally, wave (5) would reach at least $42,700. $BTC $ETH
$BTC : I expect wave (3) to end somewhere in this region, but ideally it will extend a little further. I suspect we will see a slow wave (4) over the weekend where the price could test the orange support zone between $40,705 and $41,376. This support must hold to keep the impulsive upside potential alive in the yellow scenario. The yellow 5 wave pattern will give us an indication that circular wave 5 has begun to new highs in 2024. But let's wait and see whether the pattern can be completed