1.ALGORITHM

If every time the low dips are getting higher and the highs are getting lower,

we can expect to form a converging triangle before moving in a direction.

2.SOL

Currently undergoing a consolidation phase similar to BTC's six-month flag,

each dip is closing above the channel.

Watch for the ability to reclaim 216; if it does, I will turn bullish.

3.XRP

A strong coin is one that can quickly rebound after a spike; last night I placed a support order at 1.96.

The short-term gains have been decent, and it is currently forming a bull flag as well.

If it can close above 2.24 (above the midpoint), I would also consider it bullish going forward.

4.DOGE

Like XRP, I placed a support order at 0.366.

After taking profits this morning, I entered again at 0.377.

The stop-loss is set at the support level; I would only consider a high probability of reversal if it closes above 0.38.

5.ADA

It needs to close above 1 for me to consider it a reversal.

Honestly, I think the washout is about done. There are too many people chasing long positions before an announcement of interest rate cuts at the year-end.

The market maker is washing out heavily to lighten the load.

You can observe that ETFs have been buying before the close of the US stock market,

but they drop after the close.

Isn't this the market maker cleaning up high leverage positions?