CryptoNether

CryptoNether

we are heading towards support region around 116.8k-115k from where we can expect a reversal. If price breaks down 115k level then a bat harmonic pattern is also forming which indicates it's PRZ at 113-112k region... Remember 121k is key level which needs to be broken in order to remain bullish !!!

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CRYPTOCAP:LINK is about to break above major trendline. If it successfully breaks above it, we will see CRYPTOCAP:LINK hitting short term targets of 28, 26 & 44. And Major target for link is around 80-100$.

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AS per previous Ethereum update, CRYPTOCAP:ETH successfully tapped our Bat PRZ and making it's way to the top. as per micro elliott wave count, we will see Ethereum slamming 7k, and could potentially smash 10k in coming months.

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BTC has successfully broken out it's bull flag resistance and currently testing above it. Major resistance resides above is 112K level , if we successfully break and hold above it then easy targets would be 130-150k levels. Elliott Wave Count final targets 180k level. If we goes below 106k level then we may see BTC getting into support region of 102-100K...

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Recently we have seen a great price move from 100K to 110K. We got clear Change Of Character , which indicates a sign of strength. Also we got bearish cypher harmonic pattern formed. So now we can expect a slight pullback up to 106-103k region from there we may see price reversing. But price should hold 100.3K region to remain bullish in short term.

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There are three possible cases for Bitcoin which we can now consider according to Elliot wave count on big picture: Case I: According to this count if we hold above 74.5k , recent low, we may see major shift in BTC. Retracement Up to 92-79k is good which will form inverse head & shoulders, potentially breaking ATH up to 170K, if things goes well & 74.5K region...

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Currently we have seen a great move from 75k to new ATH 112k BUT now whole bullish momentum seems to be fading. If we see charts, we clearly see ranges and recently Bitcoin has swept range high & reclaimed back into range, which indicates lose momentum. We may see BTC tapping 90K even 80'sK for next bullish move. For all to maintain it's bullish momentum,...

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Avax forming a big symmetrical triangle on weekly time frame & currently is sitting on big symmetrical support... Although currently is in macro 2nd wave which seems to be end... Soon we may see big moves in Avax storming straight out of triangle, targeting first at 104$ and 2nd around 500$ which aligns which triangle target along with macro 5th wave...

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Currently BTC is facing resistance of major trendline (Blue line)+ wedge resistance+ bearish OB resistance... For bullish trend, currently Bitcoin have to break above all these resistances along with 89k level for confirmation of bullish trend.... If it fails and retraces back inside Monday high range, then we can expect price dropping below Monday lows...

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On Big Picture starting from 2020.... Inverse H & S was formed... after breakout we got pull back & then it started 8 months rally from September 2020 To April 2021. Then after deep bear market, we got Inverse H&S... after breakout, we got pull back & then it started 8 months rally from September 2023 To April 2024. Now. we got big H&S... after breakout, we are...

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Ethereum formed major bat harmonic pattern and now approaching to it's Potential Reversal Zone. Also with that, it's approaching to it's range low. We can expect sweep of range low, although 1400-1200$ region is strong PRZ after that targets would be straight towards 4500-5000$

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TOTAL3 has reached PRZ zone of bat pattern aligning with elliott wave count. Frrom here we may see major shift in alts. Get ready for the ultimate altseason boyz!!!

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As Updated previously on Macro, We have reached at crucial zone. According to Elliott wave count on big picture, BTC formed ending diagonal and now approaching at it's reversal points. From this area of 75-69k region, there's high probability of trend reversal and we will soon see shorters getting rekt

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According to elliott wave count, If BTC has completed it's macro wave (IV), then we can expect it moving to complete it's macro wave (V). In this case if recently impulse move is counted as micro wave (i), then we can expect reversal from 81-79K region very soon. Otherwise, if micro count gets Invalid, then reversal can be expected from up to 76-70k...

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On 4hr time frame, clean Change Of Character (ChoCh) has been observed indicating sign of strength. Price is at demand , Stoploss: 0.022, Targets: 0.0423 & 0.05

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On weekly time frame Internet Computer (ICP) formed bullish Shark Pattern & currently ICP is hovering over it's Potential Reversal Zone. Soon we expect strong move in ICP targeting 21$ & 38$ price levels.

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According to current price action, Gartley Harmonic Pattern is formed on Near. Currently price is on it's PRZ. Also Near has reclaimed range low after sweep. If Near successfully breaks it's previous high, then we may see Near exploding upto Mid range & Range High targets easily.

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As Per current price action on Ethereum, Two Harmonic Patterns, Bat & Alt. Bat are forming on Ethereum, and right now price is at PRZ of both patterns. If price reclaims range low, then we may probably will see ethereum exploding upto mid range range high and even further beyond forming new ATH.