Bitcoin Short Term Chart
Last time we said ‘it appears , as is often the case we are tracing out a wave 4 corrective triangle. Buy now or on a slight dip and leave stops at last weeks levels a move back above 65k will indicate that wave 5 is underway.’ As you can see from the previous arrow the correct call was the triangle and we have traded up to 64800 so I am saying wave 5 is underway. If not long buy now at 64400 and add again around the 61k level with stop below the wave (ii) low at 58900
Ethereum chart
Last time we said ‘We are already long as we didn’t hit stops at 2100.Look to buy now on any retracements below 2477 and add again at 2425 with stops below 2250.’
We remains bullish as we didn’t hit our stop level reaching a low of 2309 before rallying. We remain bullish in short term and if not long buy now at 2450 with stops remaining at last weeks levels.
Solana short term chart
Last week we said ‘It appears that the bullish trend resumed in mid august. Look to buy on dips in the 148/152 area and 140 with stops below 126.’ I was a little early calling the end of the corrective triangle but the overall view remains the same. I have relabelled the chart and we are already long from last time . Raise stops now to the wave (iv) low at 133 with a move above 161 confirming higher in the coming weeks.
