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Teshkid is Crypto
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is breaking down after a rejection at resistance at $3.916. Targets for the breakdown move lie at support at $3.685. On holding that expect a bounce.On loosing $3.685 watch for a breakdown move to $3.466 which is the next support.
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$APE is breaking down after an aggressive rally making a high above $1.7688. The rally was in an Elliot wave 1. The breakdown move at the moment is a corrective structure in a wave 2. Targets lie in the golden pocket between $1.1203 -$0.7493. On holding the golden pocket watch for a rally back above $1.0 and $1.20 which will be the start of a wave 3, which can get us back above $2.0.On loosing the golden pocket that will be mega bearish having $0.6274. #ApeCoin
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$ADA A has broken down after a rally making at high at $0.3643. The breakdown move has managed to hold support in the golden pocket between $0.3392 -$0.3333. On holding this support zone watch for a rally to $0.3643 and on breaking that high watch for a rally to $0.40 as the next targets.On loosing the golden pocket watch for a breakdown move to $0.3141 which is the low made on the 25th of October. On loosing that low then $0.3032 and $0.2753 will be my next targets. #ADABullish #adabear #CardanoPredictions $
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$ENA is stuck between support ($0.3429) and resistance ($0.3992). On holding support watch for a bounce to resistance and on breaking $0.3992 will be bullish having $0.4633 as the next targets.On loosing support, watch for a breakdown move to $0.2774 which is the next support line. On the worst case scenario if we loose $0.2774, then $0.2041 will be my next breakdown target.
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$GALA has broken down to the lower side after getting a breakout out of the ascending channel. $0.01846 is holding as support. On holding that support line watch for a bounce back above $0.022. In case of another breakdown move loosing support at $0.01846 then expect lower prices having $0.01574 as the next targets. #GalaGames #tonecoin
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$FTM is breaking down and is slightly holding support at $0.6487. On loosing this line of support watch for a breakdown move to give a reset of the $0.5897 low. Based on the Elliot waves I believe #fantom is breaking down in an Elliot wave 2. Targets lie between $0.5278- $0.4642. In case of another breakdown move watch out for this breakdown target. #FTM:
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