#pol breakdown move is imminent after the formation of a double which is a bearish pattern. Watchfor a break of $0.52 which is the neckline of the pattern. Breakdown targets lie at $0.44 #polgonmatic #MATICUPDATE
$HMSTR R is breaking out after breaking the descending trend-line to the upper side. I expect a massive having the targets at the next significant highs at $0.003989 and $0.004654. #hmstr #Hamster #HamsterKombat #hamsterairdrop
$DOGS S is breaking out, attempting a break above the descending trend-line. On breaking this trend-line that will be a confirmation of something more bullish, having $0.0008319 as the next target which is also resistance. On breaking this resistance area watch for a rally to $0.001186 as the next target.
$ETH H has seen a massive rally making a high at $3060 today. If this is the top for this breakout move I expect a short term pullback to support at $2901.
On loosing this line of support watch for a breakdown move to $2708.04 - $2624.79. This zone should hold as support and give us a bounce back. If we don't bounce expect further breakdown moves.
$BTC breakout move is imminent as we are now breaking this ascending trend-line to the lower side. Targets for the breakdown move lie between $72.0k -$70.8k.
$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.
$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.
$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.
$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.
$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.
$GRT T is breaking down and is slightly holding support at $0.1640 -$0.1506. On loosing this line of support watch for a breakdown move to $0.1259 to give us a reset of the lows we made on the 6th of Sep. On loosing $0.1259 then watch for further breakdown moves to $0.1130 which is the 5th of Aug low.
$FET is breaking down after an aggressive rally in an Elliot wave 1 that peaked at $1.74. The breakdown move is in an Elliot wave 2. Targets lie between $1.341 -$0.923. In this target area I will have my DCA orders created expecting a massive rally in wave 3.
$QNT is breaking down after loosing support between $68.4- $61.3. Watch for a breakdown move to give us a rest of the lows made on the 6th of Sep at $56.0. On loosing $56.0 watch for a breakdown move to $50.0 and possibly even make new bear market lows on the worst case scenario.
$VET is breaking down after loosing support between $0.02387-$0.02207 into our next line of support at $0.02081. On holding $0.02081 there is a chance of a bounce back above $0.02387. On loosing $0.02081 watch for a breakdown to give us a reset of the lows made on the 6th of Sep at $0.01937 and the 5th of Aug at $0.01892.
$GALA is breaking down after breaking out of the ascending channel to the lower side. Watch for support at $0.01846. On holding this line of support watch for a rally back above $0.020. On loosing $0.01846 watch for further breakdown moves to $0.01574.
$ENA A breakdown move continues after an aggressive rally to $0.4633. We are now breaking down and slightly holding support at $0.3430.
On holding this support area there is a chance of a bounce back to $0.40. On loosing $0.3430 watch for a breakdown move to $0.2774 which is the next area of support, and on loosing that then $0.2041 will be my next targets.
$BTC breakdown move is imminent after an aggressive bounce to $69.5k. I expect a healthy pullback into the golden pocket that lies between $64.1k-$62.9k.
That area should act as support for a possible bounce back, but on loosing that then $60k will be my next targets.