BONK Deep Correction
I'm considering that the move up from last September was impulsive (blue 1-5), and the downtrend movement is corrective (blue WXY).
This is valid as long as we stay above the pink line.
There is still no indication of a reversal for a long trade trigger.
Major resistance to be broken sits at 0.00004 (green zone).
This is valid as long as we stay above the pink line.
There is still no indication of a reversal for a long trade trigger.
Major resistance to be broken sits at 0.00004 (green zone).
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📈 Experienced Crypto trader
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🌊 Elliott Wave junkie
🧠 Trading psychology hacks
🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
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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.