PRIME in weekly chart
Hello
There are a vast majority of symbols and so many opportunities in this market, but we should be careful about them because some of them won't be able to bear the next competitions for collecting sufficient liquidity for their survival. It means those fake projects and scams are not
our only problems and we should know that in the next rally we will see an incredible amount of unprofessional people participating in this market that are reliant on visual findings or emotional recommendations.
What I am trying to say is that in the next rally we will see big groups of investors who are not predictable unless we consider EW principle in our analysis because it works with MAS PSYCHOLOGY.
This is why EW works better in every market gathered bigger groups of amateur participants such as Stock and Crypto markets.
For this symbol, Prime, every thing is obvious and there only 2 scenarios:
1. Rally from here
2. More correction and then rally
It means that we are in a correction and whatever happens the next rally is going to start very soon.
Thanks
There are a vast majority of symbols and so many opportunities in this market, but we should be careful about them because some of them won't be able to bear the next competitions for collecting sufficient liquidity for their survival. It means those fake projects and scams are not
our only problems and we should know that in the next rally we will see an incredible amount of unprofessional people participating in this market that are reliant on visual findings or emotional recommendations.
What I am trying to say is that in the next rally we will see big groups of investors who are not predictable unless we consider EW principle in our analysis because it works with MAS PSYCHOLOGY.
This is why EW works better in every market gathered bigger groups of amateur participants such as Stock and Crypto markets.
For this symbol, Prime, every thing is obvious and there only 2 scenarios:
1. Rally from here
2. More correction and then rally
It means that we are in a correction and whatever happens the next rally is going to start very soon.
Thanks
AMA
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