$BTC Fear & greed MA20/MA50 a turned to bear, easy to foll | Phantom Xtreme on Binance Square

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$BTC Fear & greed MA20/MA50 a turned to bear, easy to follow on this chart.

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$ENA The chart may have established a major top within the identified resistance area. The initial signal came with the break below the first pivot at 0.692. For stronger confirmation that a substantial top is in place, the structure requires the development of a clear five-wave decline. Additional confirmation would be provided by a break below the last swing low at 0.51, which would strengthen the case for a broader downtrend. From a structural perspective, a sequence of lower highs and lower lows is needed to validate the bearish outlook and provide confidence that the market has shifted trend direction. For the time being, as long as price remains below 0.75, the directional pressure favors the downside.

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$DOGE : It’s either the ugliest path to new highs or the prettiest rug back to $0.03.

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$ETH : As long as $4132–$4256 holds, the setup’s alive. Break $4331 and we finally get wave C. Until then, it’s just Ethereum doing what it does best.. testing our patience and our faith.

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$ETH The price has shown a first reaction to support. It is possible that the price has started to work on circle wave C to the upside. Overall this structure indicates that we are still moving in a range.

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$BTC: The Fear & Greed Index shows ‘Neutral’. In Elliott Wave, wave 4 corrections often feel draining. Large wave 4 corrections can sometimes even push market sentiment to extreme fear. There’s still room for the index to fall further, which aligns with the our that the current correction may not be complete yet. #Bitcoin

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