$BTC and $ETH are still in their triangles as long as “e” does not not surpass “d”. The attempt to break was rejected by Bearish Engulfing on the 5-hr chart – rather strong rejection. If in the next 5-10 hours, the price of BTC and ETH recovers and closes above the last red candles, there would be a good chance of rally. However, if we see a strong red candles, watch out for the lower boundaries.
$ADA has broken the triangle formation and some other count will be considered.
Next update – after the daily closure.
Previous update:
The first Alert:
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