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$BTC: The upside move from the recent lows appears corrective and may represent a white wave-B. The ideal target for wave-(2) is the 100% Fib extension to the downside at $63,985. Be aware that the yellow roadmap could still play out lower amid ongoing war-driven uncertainty.
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$BTC price is currently retesting the former trendline as resistance. A deeper pullback would be ideal, even within the context of the bullish (white) roadmap.
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$BTC price has reached a key resistance zone and likely completed an ABCDE pattern. The yellow roadmap outlines a potential downside scenario. A sustained breakout above the triangle would indicate that the white roadmap is taking control.
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$ETH price may have formed a local top in wave-B. A break below the trendline would be the first indication that wave-(1) is unfolding to the downside. Given current global conditions, the yellow roadmap is the higher-probability scenario. That said, the white roadmap remains
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HanDynastyvip:
Happy New Year 🧨
$XRP: Ideal target for wave-(Y) of B is at $1.17. As long as the price remains above $1.11, the yellow roadmap remains valid. A break below this level would suggest that the white scenario is taking the lead.
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$ETH: The war has caused a sharp decline in price. Ideally, price bounces before breaking below $1,801. The yellow roadmap outlines a potential continuation to the downside.
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$BTC price has broken micro support and is now testing the lower boundary of the triangle pattern. The bullish (white) roadmap remains valid as long as price holds above $62,514.
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$ETH held support at $1,992, keeping upside momentum intact. As long as price remains above the last swing low at $1,977, another high in wave-5 remains possible, ideally targeting $2,158+.
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$BTC price broke below the trendline but held support in wave-4. The price should remain above $66,544 to keep the bullish roadmap to the upside alive.
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$ADA: The price has reached the descending trendline, a break above this level would likely trigger a wave-3 to the upside. Ideally, reaching at least the 1.38 Fib level at $0.357.
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$SOL: If this upside move is indeed wave c of A, price should reach at least the 100% Fib extension near $100.
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$XRP: A break of the trendline would suggest that wave-4 is unfolding to the downside. The roadmap to the upside is valid as long as the price holds support. Micro support is at $1.41.
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$ETH price experienced an impulsive move to the upside and is now consolidating, which suggests trend continuation. The trendline could act as support for further extensions in wave-3.
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$BTC price has reached the ascending trendline. As long as it holds above this level, I expect wave-3 to continue unfolding to the upside.
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$ETH: I assume wave-3 is still unfolding to the upside. A larger ABC correction within wave-iv remains possible with an ideal target around the 100% Fib extension level at $2,211. For first-degree confirmation that a low has formed, we need to see a complete 5-wave impulse to the
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$BTC price has broken above micro resistance levels, suggesting that a local low may have formed. As long as the price remains above the ascending trendline, further extensions in Wave 3 remain possible. Micro support for wave-4 is at $66,882.
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$BTC: The 2-week RSI is at its lowest level in history. This presents a strong accumulation opportunity.
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$ETH: The upside move remains choppy. I’m interpreting this as wave-c of 3, with an ideal target near $1,979. That said, as long as price stays below $1,996, the structure remains at risk of a downside break.
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$BTC is attempting to reverse to the upside. We need to see a clear 5-wave impulsive move, with a break above $66,630, as initial confirmation that wave-B has formed a low. The upside move would likely unfold as a diagonal pattern.
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$BTC: The pattern is breaking to the downside. To maintain the white roadmap, price needs to stay above $60,223. A break below this level would indicate that the price is likely forming another low in wave-(a), with strong support expected around the $56,000 region.
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