Smcap weekly chart looks interesting.
1) WXY Corrective Pattern with wave Y terminated at 0.06 on 16 March 2021.
2) Since then, smcap has been moving upwards and has breakout from the corrective channel.
3) For now, I am assuming that the upward momentum is a zigzag pattern correcting the downtrend to form a wave X for WXYXZ pattern.
1) WXY Corrective Pattern with wave Y terminated at 0.06 on 16 March 2021.
2) Since then, smcap has been moving upwards and has breakout from the corrective channel.
3) For now, I am assuming that the upward momentum is a zigzag pattern correcting the downtrend to form a wave X for WXYXZ pattern.
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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.