We can see stronger rebound and recovery on some ALTcoins that can be a signal for the bottom. We have already mentioned and highlighted DOGE/USD before, which can be now just making an intraday corrective pullback before we will see more gains.
DOGE/USD 4h Elliott Wave Analysis Chart
It can be similar with EGLDUSD and TRXUSD, where we are observing a completed five-wave cycle after a recent intraday strong bounce, so these coins may stay above previous lows and can see more gains, but it's definitely too early to buy. However, we will keep an eye very close on these coins and if an upcoming decline will be slow, then we can enter the action.
Tron 4h Elliott Wave Analysis Chart
Elrond 4h Elliott Wave Analysis chart
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