#Ethereum $ETH As long as price stays above $2800 then Weekly Higher Low is in place and will be followed by a new Higher High in the coming few months !!
$ETH can still see a move higher toward 3600 - 3700 area to finish a 5 waves advance then a 3 aves pullback can take place before resuming the rally #elliottwave #Ethereum #EthereumETFs
USDT Market Cap dominance ended the 3 waves bounce setting a new Lower High after reaching equal legs area 5.89% and retesting the weekly broken trendline. #Crypto #Bitcoin $BTC
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USDT Market Cap dominance Weekly trend remains lower since 2022 peak and it's currently in the process of setting a new Lower High before another move lower for a new Lower low toward 3% will take place #Crypto #Bitcoin $BTC
#Bitcoin $BTC is currently showing an impulsive 5 waves advance from July low and it's already trading within wave 5 of (5) so I expect a 3 waves pullback to happen in the coming week after ending the current advance. I'm not suggesting to short it !! it will be interesting to see a correction taking place this week & it will present a new buying opportunity !! #elliottwave #trading #Crypto
USDT Market Cap dominance Weekly trend remains lower since 2022 peak and it's currently in the process of setting a new Lower High before another move lower for a new Lower low toward 3% will take place #Crypto #Bitcoin $BTC
$BTC Dominance weekly chart isn't looking that good after basically hitting the main target around 57% in April, it turned to sideways price action within initial break of the uptrend taking place !!
The Dominance will reverse and trade lower back below 50% as the main Alt-season takes place !!
$BTC #Bitcoin Correction is in the process of setting the next Weekly Higher Low following 2022 and it entered the technical area for turn.
54K - 50K is going to be the battle ground for the coming weeks prior to the next leg to the upside by year end and 44K is the extreme case for this correction.
I'm still expecting 84K as Main target for this cycle but 101K - 127K are less likely depending how long it takes for new highs !!
$BTC Traded lower as expected this week into target area 64K - 62K from where a reaction higher is expected to take place !! #trading #elliottwave #Bitcoin
$BTC The scenario of a double correction lower toward 64K is still in play if ^rice breaks below 66K !! No confirmation yet but if it happens then it's going to be a clear buying opportunity around that area !!
#MarketSentimentToday We can say $BTC bounced off 66666 into resistance area around 70K from where it got rejected again so it's trapped within the same range for since late May #elliottwave #Bitcoin
$BTC Short term it did a 3 waves pullback from the peak after #FED and reached equal legs area 67800 - 66900 from where it's expected to resume the rally or bounce in 3 waves at least #elliottwave #Bitcoin
#BTCFOMCWatch $BTC 70200 is the level to watch for now, breaking above it denies the hourly lower low sequence and would suggest the next pullback to hold above yesterday's low.
#MarketSentimentToday As long as $BTC bounce stays below 70K then a possible double correction lower toward 64K - 62K can be seen before breaking higher ! #elliottwave #Bitcoin
$BTC Reached the equal legs area 66600 - 65655 from where it ended the 3 waves pullback and started the bounce higher as expected #elliottwave #Bitcoin
$BTC Rally from 1st of May unfolded within a 5 waves advance so a 3 waves pullback was expected to take place before the trend resumes higher again #elliottwave #Bitcoin