Long
BQXBTC - Ending Diagonal
In the daily chart, as shown in the image, the first wave from 5 ascending waves has been completed in the range of 2125 Satoshi, and with a simple pattern -the corrective movement has been finished in the range of 392.
According to this analysis, by crossing the price above 990, we should expect a price rise up to the range of 1593 (targes of the pattern)
As the price is in wave III, it has the potential to move up to the range of 3424 and even higher targets.
The chart depicts how to place the order.
According to this analysis, by crossing the price above 990, we should expect a price rise up to the range of 1593 (targes of the pattern)
As the price is in wave III, it has the potential to move up to the range of 3424 and even higher targets.
The chart depicts how to place the order.
Note
First target hitedTrade closed: target reached
Second Target Touched 285% Profit
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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.