$MASK has seen a massive rally from the lows made at $0.922 making a high at $3.083. To get a continuation of the rally we need to break $3.083. If that does not happen I expect a pullback. Targets lie between $2.261 -$1.39.
In this area we can find support and start another rally. On loosing that support box expect a pullback to give a reset of the lows made at $0.922 on the worst case scenario.
$WCT is breaking down after a massive rally to $1.398. We then started a massive pullback.
Support lie between the fib level 0.5 and 0.786 that is between $0.7963 -$0.4501. We need to hold this area for a bounce to play out.
In case we lose $0.4501 then I will expect further downside to support at $0.3393. In case we lose that the I will expect a reset of the lows made below $0.191.
$ENA is breaking down and is likely to reset the lows made on the 31st of may below $0.287.On breaking that low will lead to a massive drop to $0.25 as the next target.
Apecoin $APE is breaking down after a rally in an (ABC) from the lows made on the 7th of April. I now expect a pullback. Support lie on $0.5896 where we can bounce.
Targets for the pullback lie between $0.5672 -$0.4406 where we can find support and attempt another rally to $1.0.
A break of this support zone will result to massive retrace to reset the lows made on the 7th of April on the worst case scenario. #APE
$GALA is breaking down and is unfolding in an Elliot wave 5. This after getting rejected after a rally in wave 4.
Targets for the wave 5 lie on the fib level 1.618 at $0.01213. This is my next breakdown target. Once hit we should get a substantial rally afterwards.
$POL is breaking down in an Elliot wave 5. Currently watching whether we will hold the low made at $0.20. On breaking that low expect a massive drop in wave 5.
Targets lie on the fib level 1.618 at $0.16787. That is my next breakdown targets.
Cardano $ADA is breaking down. From the daily chart I have been observing a 1,2 Elliot wave structure from the lows made on the wave 5th of Aug 2024.
We are currently in a wave 2. Targets lie between $0.8030 -$0.5049. In case of further breakdown moves this support area needs to continue holding.
On holding within that area then we should be able to rally higher in a wave 3. On loosing $0.5049 then a massive pullback will follow were we can get a reset of the lows made on the 4th of Nov and 5th of Aug 2024.
Stacks ($STX ) Is breaking down after a break of a ascending trend line to the downside. On the daily chart we can get pullback targets between the fib level 0.5 and 0.786 that lie between $0.7743 -$0.6035.
Within this targets area we should find support and start another rally breaking back above $1.0.
Bitcoin ($BTC ) Is breaking down after loosing the a horizontal line of support at $104.9k. Based on the Elliot waves we are currently breaking down in wave 5. Targets lie on the fib level 1.618 at $99.69k. #BTC #BTCāļø
Will Bitcoin(BTC) Rally to $110k Or Break To 99.7k Next ?
$BTC is facing resistance between $106.9k -106.0k. This is after a rally in wave 4. I expect one more pullback in a wave 5.
Using the fib extension we can get the targets for the wave 5 which lie on the fib level 1.618 at $99.76k. Once we have a low in the wave 5 then we can expect a substantial bounce.
$GRT is breaking down after a rally to $0.1312. The current breakdown is a wave 5. Targets for the wave 5 can be given using the fib extension. The target lies on the fib level 1.618 at $0.0724.
Will Fetch Ai (FET) Breakdown To $0.60 Next Price Analysis
$FET is getting rejected at a key area of resistance between $0.851 -$0.797 which is the yellow targets box. That box was a targets for a rally in an Elliot wave 4.
I expect one pullback in wave 5 targets can be given using the fib extension at the 1.618 level. That lie at $0.59. After the 5 wave structure is complete I will expect a larger bounce on #fet
$APE has seen a massive rally from the lows we made on the 7th of April in an ABC Corrective rally. Today we have finally seen the formation of the wave C almost hitting my minimum target at the fib level 1.618 at $0.8044.
The rally has made a high at $0.7852. Soon I expect a breakdown move after this corrective rally. Assuming the high is in the pullback should hold support between $0.5669 -$0.4420.
I will need to see #ApeCoin hold that support box and then start another rally to the upside.
Will Stacks Rally to $1.68 or Break To 0.6049 ? Price Analysis
$STX on the daily chart still maintains a bullish structure after a rally in 5 wave structure to the high made at $1.07 completing a wave larger Elliot wave 1.
We then started a pullback in a wave 2. Targets lie between $0.7758 -$0.6049 which the blue targets area. We seem to be reacting to that area. This could be the start of a wave 3 rally.
Assuming the low is in then we could rally to the fib level 1.618 on the fib extension at $1.68 as our minimum target area.
In case this rally fails then I will expect a reset of the low we made at $0.70 and we could breakdown all the way to the fib level 0.786 at $0.6049.
Will SUI Break to $3.7546 or $3.0 Next ? Price Analysis
$SUI has seen a breakdown move from the high we made at $4.30 in a move that completed a rally in an Elliot wave 1. I have been expecting a pullback in wave 2.
Targets for the wave 2 we between the fib level 0.382 and 0.786 that is between $3.3112 -$2.2686. We have now seen a retrace into that area and now seeing a reaction in that area. There is a chance that the low is in and rally is now imminent in a wave 3.
A break above $3.7546 and a reclaim of $4 will be a confirmation that the wave 3 is getting started. Alternatively we could lower to fully maximize our target area for the wave 2. That means we could pullback to $3.0 and 2.8 as the next targets. #sui #SUIš„
Bitcoin $BTC has been breaking down from the All Time High at $111,959.5. This move is better explained using an Elliot wave. Where we have seen a wave 1,2, 3 and rally in wave 4 is now in play.
Targets for the wave 4 lie between the fib level 0.382 and 0.5 and that is between $106.9k -$106k. BTC is now rejecting within that area.
I expect another breakdown move in wave 5. Targets lie on the fib level 1.618 on the fib extension. That area lies at $99.79k. That is my next targets for btc. This scenario can only get invalidated in case we get a massive rally breaking above $110.77k.