✅PREVIOUSLY ON ChainLink
Because 012345(white) waves from 13.38 to 36.33 were formed, we had been waiting for the bullish impulse.
Then we've been bullish since 22.15
✅ WHERE WE ARE
It can be thought that 20.82 is 2(lime) and we are on the 3rd wave.
The price movement is getting convergent, which tells us that a big movement is coming. The 3rd wave would make an extension like 9 waves.
Especially in this situation, you mustn't forget if you wanna sell, you should take a short position as high as possible.
If you wanna buy, as low as possible.
We've been bullish. So we wanna buy at some point as low as possible.
Fibonacci Retracement 38.2-61.8%(25.37-23.64) looks like the good zone to buy as of now.
If my counting is correct, 36.33 must be broken to make 3(lime).
*As long as 20.82 remains unbroken, this idea is valid.
💡The absolute principle for trading💡
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
Because 012345(white) waves from 13.38 to 36.33 were formed, we had been waiting for the bullish impulse.
Then we've been bullish since 22.15
✅ WHERE WE ARE
It can be thought that 20.82 is 2(lime) and we are on the 3rd wave.
The price movement is getting convergent, which tells us that a big movement is coming. The 3rd wave would make an extension like 9 waves.
Especially in this situation, you mustn't forget if you wanna sell, you should take a short position as high as possible.
If you wanna buy, as low as possible.
We've been bullish. So we wanna buy at some point as low as possible.
Fibonacci Retracement 38.2-61.8%(25.37-23.64) looks like the good zone to buy as of now.
If my counting is correct, 36.33 must be broken to make 3(lime).
*As long as 20.82 remains unbroken, this idea is valid.
💡The absolute principle for trading💡
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO SMASH LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
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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.
Related publications
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.