• Bitcoin & Ethereum trade at resistance
• Altcoins look for a reversal down
• Dogecoin unfolds a-b-c flat correction

There was no big changes in the Crypto market over the weekend. While Bitcoin and Ethereum are still trading and hunting resistance, we can see some bigger recovery on ALTcoins, but we still see limited gains as part of higher degree corrective patterns, so still, be aware of a potential reversal down soon. However, only we see a decline back below projected bearish confirmation levels, only then bears would be back in the game. Caution and patience this week.

As per Elliott Wave analysis Dogecoin, DOGEUSD still looks like an a-b-c flat correction in wave (b), so still watch out for another decline back to lows for wave (c) of »y«, where strong 0.13 support is still open. However, any bigger recovery back above the 0.45 region would be a signal that the bottom is already in place and the bulls back in the game.

Dogecoin 4h Elliott Wave Analysis