In the 4-hour timeframe, there are 4 micro-waves of correction that can grow to the indicated area in a short period of time.
The triple correction is completed and the pullback to the broken trend is done. Still susceptible to growth.
Bitcoin touched the specified areas in 4 hours and had good reactions to it. Daily time, I expect the green area of the ceiling and trending range to return. You can wait for the confirmation candle.
It is located at the bottom of the corner of its own long-term ascending channel. It has corrected more than a third of the previous wave, which can be placed in the third ascending step. You can apply for a long position until the dynamic trigger, and if the trigger fails, it can have upward targets of $18 and $22. The bottom of the previous analysis wave will be...
While returning to the range of 29 cents, the specified range can be the continuation of the currency target. Because it is on the way to rise, it is preferable to have approval, it has an attractive priority for a long position. also In the specified range of red color, you can look for a short trade.
If you enter according to the previous analysis, keep it. For a new entry, you should wait for the 0.4883 range to be 3 cycles lower on the way up the wave Short-term targets: 0.5859 - 0.6348 - 0.6836
The motivational wave can continue up to 1.25241 and then have a zigzag correction to the lower specified area, which, if confirmed, can take a long position up to 1.26340.
Wait, if you leave the corner and stabilize above 2.34, which is the entry point, you can buy targets 1 and 2.
Ripple completed the 3rd ascending wave. I don't see any correction pattern in this currency. Therefore, the yellow box range can be the end of the break of this wave. In addition, if it enters wave 1, it will overlap and the analysis will be invalidated. Therefore, the loss limit will be in the range of 43 cents. So, the goal of 68 cents can be the profit limit...
In the previous post, I mentioned that if a lower ceiling is reached, a short trade can be entered, but this did not happen. He was in a motivational wave and hit the ceiling. This wave can be wave 3 or C. Therefore, I expect it to break the price range strongly. Otherwise, he should modify the dynamic trigger again until the floor is higher, which I think is...
You should wait for the return to the range of 74 to 76 so that if the trend reversal is confirmed in the price zone, you will enter a buy position.