This plan is made by the consideration that Bitcoin will break down.
Terra (Luna) appears to be in an irregular flat correction within a regular ABC move up.
You have 2 types of Elliott wave analysis. 1 with harmonic waves (abc waves within a large 12345 structure/ or 12345 in a ABC) and 12345 waves within a large 12345 structure.
Terra (Luna) is made with the harmonic analysis
Trade plan:
1) Ladder shorts at the given resistance with the first arrow.
Only place stop losses once Bitcoin / Terra (Luna) starts breaking down. Otherwise you will be stopped out the whole time
This is not financial advice, purely for educational purposes only.
Kind regards,
R
Terra (Luna) appears to be in an irregular flat correction within a regular ABC move up.
You have 2 types of Elliott wave analysis. 1 with harmonic waves (abc waves within a large 12345 structure/ or 12345 in a ABC) and 12345 waves within a large 12345 structure.
Terra (Luna) is made with the harmonic analysis
Trade plan:
1) Ladder shorts at the given resistance with the first arrow.
Only place stop losses once Bitcoin / Terra (Luna) starts breaking down. Otherwise you will be stopped out the whole time
This is not financial advice, purely for educational purposes only.
Kind regards,
R
Note
Terra (Luna) reached our resistance. Shorts can be placed here
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.
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.