GameStop(GME) is Ready for Correction==>-80%
Updated
Today, I came back with the GameStop(GME) project. I don't know if you were able to profit from the previous analysis because the GameStop(GME) project has made more than ➕800% profit.
But today I want to say that we have to wait for correction.
GameStop(GME) has succeeded in breaking the Resistance zone. But the probability of break is fake (bull trap).
According to the theory of Elliott waves, the GameStop(GME) has succeeded in completing its 5 impulse waves, and we should wait for corrective waves.
Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
I expect the GameStop(GME) to correct around ➖80% after coming below the Resistance zone.
Note: An important point you should always remember is capital management and lack of greed.
GameStop Analyze (GMEUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
But today I want to say that we have to wait for correction.
GameStop(GME) has succeeded in breaking the Resistance zone. But the probability of break is fake (bull trap).
According to the theory of Elliott waves, the GameStop(GME) has succeeded in completing its 5 impulse waves, and we should wait for corrective waves.
Also, we can see Regular Divergence(RD-) between two Consecutive Peaks.
I expect the GameStop(GME) to correct around ➖80% after coming below the Resistance zone.
Note: An important point you should always remember is capital management and lack of greed.
GameStop Analyze (GMEUSDT), 4-hour time frame ⏰.
Do not forget to put Stop loss for your positions (For every position you want to open).
Please follow your strategy; this is just my Idea, and I will gladly see your ideas in this post.
Please do not forget the ✅' like'✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Trade active
Comment
If the 4-hour candle closes below $0.0121, we should expect more correction.
Trade closed: target reached
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