crypto analysis

BTC
The beauty of crypto is that you never get a boring day, you can always expect something new both in a positive or negative way. Yesterday night showed prices above 15000$, but now we should try finding increasing signs from 12500$. Prices have risen well above the red support level and afterwards a doji appeared (candlestick without body) which left a remarkable number of shadows behind which is basically a sign for uncertainty. If after this the next red candlestick would have reached the level of decay drawn with red ,drawing a full candlestick then we could be waiting for prices to reach 10000$. Right now we can observe a rising wave, which will most probably have a correction soon, but even so new possibilities will open for reaching the decreasing purple trend line and here we can say that we can continue from where we left it off yesterday.

https://www.tradingview.com/chart/BTCUSDT/jZgTKEVr-BTC-USDT-Elliott-waves/
https://www.tradingview.com/x/ffqxqyoG/
https://www.tradingview.com/x/LUmyt8t3/

ETH
Yesterday we left things at the C pink wave which appeared to be rising a 3 wave but since its correction was too big we do not seem to have any other options but to close this wave as an ABC wave.
Since then a decreasing ABC wave has taken place and ended forming a triangular shape which are of course drawn buy the increasing and decreasing trend lines. In case prices will exceed this triangle we will be able to tell what to expect further.

The obvious Elliott impulse would not be a surprising sequel for this ABC correction wave. With this, our ABC wave would cut our pretty high prices, if we take a look at the charts and the previous levels the approx. 500$ decrease wouldn’t even come as a surprise. We are not drawing a correction on our possible ABC’s correction bottom at a 50 movement average and set and approx. 865$ support level. eth 2.png
https://www.tradingview.com/x/aDRjl7aJ/
https://www.tradingview.com/x/Qa7h5Ehd/