At wave A the market is down; But the news is still positive. Many analysts see this price drop as part of an active bullish market.
At Wave B, prices are rising and many analysts and investors see it as the beginning of a long-term uptrend.At this point, core indicators are likely to no longer grow; But they have not been negative yet.
At Wave C, prices fall sharply and the market volume rises sharply. At the end of the third side of Wave C, almost everyone realizes that the market is declining. Wave C is at least the size of Wave A and may be 1.618 times larger than Wave A.
At Wave B, prices are rising and many analysts and investors see it as the beginning of a long-term uptrend.At this point, core indicators are likely to no longer grow; But they have not been negative yet.
At Wave C, prices fall sharply and the market volume rises sharply. At the end of the third side of Wave C, almost everyone realizes that the market is declining. Wave C is at least the size of Wave A and may be 1.618 times larger than Wave A.
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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.