At these levels, I will partially take profits, closing 25% of my entry position at each target!
Unfortunately, if you didn’t buy ENA at 0.07$ when I mentioned it, and then at 0.12$, you’re in a bad position and it’s better to look at other assets!
However, there’s an interesting zone at 0.1500$ - 0.1260$ We could still have an opportunity to retest these levels and build a position, so you need to closely watch this asset!
Litecoin is rising from the June low within a broad range.
In the yellow triangle scenario, the June low completed wave C and now an ABC upswing in wave D is possible. A 3-wave advance can extend beyond the first resistance zone and still be part of the triangle below $410. Even a higher upswing would not, by itself, establish a long-term bullish trend.
$ETH Ethereum is retracing after hitting resistance at $2,750 and moving above the April high. The upmove still looks more like a 3-wave move.
If the retracement develops in blue wave 4, ETH could find support around $2,450 or along the yellow trend line. Staying above the April high would leave room for another high in blue wave 5.