we go red? - traditional wave 1,3,5, if wave 3=wave 5 then the target is the first yellow box - hype pattern of FIB level wave 1 @ 0.382/0.5, wave 3 @ 1, wave 5 @ 2.618. some times after wave 3 there's a hype bull trap around 1.272.
now no matter the current movement is taken as, - cup & handle -retracement expecting or finishing @ 0.382 or - big wave 1 retracement expecting @ 0.618
personally think and like TRXBTC hype, coz it's always on pattern: hype patter(learnt from Artem) + respecting falling wedge bottom price target(link) + favorite of 0.618 retracement (shown in the charts)
important chart idea links shared below: hype pattern levels knowledge credits goes to Artem
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.