Wave 1 is clear, as it’is the beginning of AMP life in Coinbase.
Wave 2 is clear, as first retracement has been currently developed.
Wave 3 is 1.618 of wave 1 45% of times. If not, then will be bigger.
Wave 4 is a retracement to Fib 0.5 of wave 3 60% of times, and this exactly coincides with our ATH.
Wave 5 usually is replica of wave 3. If not, then it’s bigger.
So this is the most conservative prediction of AMP price development till Jul, attending to Eliott Waves theory and its Fibonacci relationships.
Wave 2 is clear, as first retracement has been currently developed.
Wave 3 is 1.618 of wave 1 45% of times. If not, then will be bigger.
Wave 4 is a retracement to Fib 0.5 of wave 3 60% of times, and this exactly coincides with our ATH.
Wave 5 usually is replica of wave 3. If not, then it’s bigger.
So this is the most conservative prediction of AMP price development till Jul, attending to Eliott Waves theory and its Fibonacci relationships.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.