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Myles G Investment Insider 🚨

This OG memecoin is set to print higher highs

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Myles G Investment Insider 🚨

ONDO: The price is likely in wave (4) in the white scenario with support at $1.03. If there is a break below $1.03 , then the price could be working on a b-wave as part of a larger diaogonal pattern in the newly added yellow scenario, which would ultimately be a more bullish scenario.

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WEN: The price is likely still moving in wave C of (ii). The 0.5 retracement level must break next to increase downside momentum in wave C. From here, a larger B-wave would still be possible but this is all corrective price action for now.

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SOL: I am now assuming that the price is moving within a wave (4) triangle until something else is proven. In this scenario, the price could start to move down in wave c of (Y) of circle wave C shortly, and the range boundary levels are $119 and $190. The nearest resistance range is defined between $159,55 and $168.37.

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BTC: This is not looking good. Bitcoin´s last chance to hold the (B)-wave low is if a larger 1-2 setup has formed as part of a diagonal pattern, but this is highly speculative until the price breaks above the wave (1) high.

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ICP: After a long period of sideways consolidation the price is finally moving closer to the yellow support zone. The current expectation is that the price is moving in a C-wave and the 100% extension target for this C-wave points to $8.54. The price, however, needs another 4-5 pattern to complete this C-wave. This 4-5 pattern might not form if wave ii/B unfolds as WXY structure. At the moment expectations are for the price to reach $9.62 and then $8.54 next.

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PYTH: The price must find support here to keep the (1)-(2) structure alive. A break below $0.313 would leave us without any reliable support level.

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MATIC: The current interpretation is that wave 4 has formed a top as triangle pattern and currently wave 5 of (c) of y is unfolding. One more low seems likely, and this one more low should take the price below the April low. Next support levels are $0.582 and $0.537, but to uphold a bullish perspective on this chart, the price should avoid a sustained break below $0.582.

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ETH: It is possible that wave (5) has started but it is too early to confirm. One more low should send the price ideally to approximately $3,530.

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Myles G Investment Insider 🚨

BTC: There has been minimal movement in the crypto market over the weekend, and therefore my scenarios have remained pretty much unchanged. The 100% fibonacci extension for the yellow C-wave points to $66,350. Consequently, the price should ideally reach this level before reversing upward. However, if $62,540 is broken to the downside, it is likely that Bitcoin will drop back into the $55,000 area range. This scenario should not come as a surprise. The move to the upside has evolved into a diagonal pattern, making it unstable and susceptible to unexpected shifts. A break above the red resistance zone could indicate that a low has formed earlier than expected.

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CAKE: The price has failed to form a 5th wave to the upside in the diagonal I have been tracking. Remember that in the diagonal pattern the third wave did not get as high as I wanted it to see, and this is always a warning that there is some underlying weakness. With the break of micro support I have to assume that the rally we have seen was simply a wide wave 4 correction, and wave 5 is now unfolding to the downside.

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AVAX: An upside trend line breakout could indicate the development of a larger B-wave as shown in yellow. As long as the price stays below the trend line, however, I assume wave C is taking the direct path to $23.95 or even $18.80 next.

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TIA: The price has not shown us any reliable reversal signal yet. Wave (b) is still unfolding and it is likely that the 56.91 level is being tested next. I have no reliable micro wave count for wave (b).

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ETH: Very little movement today. Should the price break below the Tuesday low, then $3,337 is the next support level.

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ETH: The price has not managed to break above the upper boundary line of the corrective price channel. Also, the price has only formed 3 waves to the upside, which does not leave us with any reliable confirmation that circle wave 4 has formed a low. If the price can form one more high, possibly targeting $3,700-$3,800, then this would give us a first confirmation.

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BTC: I have slightly adjusted micro resistance to the $66,991 - $68,073 range. It takes a break above $68,073 for a first indication that a low has formed in wave (B).

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STX: The price is still holding the wave (2) support zone. The relevant support level for wave (2) remains at $1.93. There is currently no sign for a low to be in place. It takes a break above $2.35 as initial indication that a low has formed in wave (2).

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ETH: The price has reacted to the communicated resistance range and the price is working on the lower low that we have been watching for. The next support levels are $3,527 and $3,471. Ideally the price reverses back to the upside somewhere in this region, but it takes a break above $3,670 for an initial indication that a low has formed.

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BTC: the price tested the 50% retracement level today but because resistance has been respected there is no need to change the wave count. There is nothing new to say until the price finally breaks out of this current range, either by breaking above resistance at $70.171, or by breaking below Friday´s low, which should lead to a completion of wave c of (B).

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ETH: The price has only moved sideways over the weekend. A break above $3,783 could indicate that a low has formed, but one more low is currently preferred.

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FET: The price is likely still working on circle wave C of wave 4. One more low is preferred until the price breaks above initial resistance at $2.06.

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BTC: There is not much to add to previous updates because the price is holding support and has not really done anything exciting over the weekend. If the triangle is unfolding as per the purple scenario, then a larger D-wave that stretches to $69,272 would be ideal. So far, there is no clear setup that indicates an upside breakout from here. We would need a micro 5-wave move to the upside for this.

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DOT: The price is still maintaining support for the yellow (B)-wave, but there's no clear indication of an upward reversal yet. A breakout above $7.77 is needed to confirm the start of wave (C) of 3 to the upside.

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