I’ve selected four assets in the crypto market where buying opportunities can be considered. Each of these four assets has formed a range, with the seller's impulse completed and the buyer's impulse now active.
Among these, BNB appears the strongest, as two buyer's zones have formed in the 10-11 impulse. These zones were created when the buyer absorbed a seller's candle with increased volume (the buyer's zone is marked by a blue rectangle on the chart). ADA, on the other hand, looks the weakest among the four, as it has not yet been able to close a daily candle above the high of the August 8th candle, which absorbed the seller's attack on the lower boundary of the range, forming a buyer's zone.
It's advisable to use lower timeframes when looking for buying opportunities. I have selected examples of lower timeframes for you.
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AAVE has reached its target 132.57.
An example of one of the buying patterns.
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ADA has reached the first target of 0.3730, which is approximately an 11% increase. The daily candle closed slightly below this level.
Here's how the 4-hour timeframe looks now: a bullish trend.