NASDAQ - UniverseMetta - Analysis
#NASDAQ - UniverseMetta - Analysis
On D1, the price after the correction may form a continuation of the upward movement with an update of the ATH. The correction was less than 40%, which may also, against a news background, allow the price to once again go down to the level of 19455.
On H4, for confirmation, you can wait for the formation of a 3-wave structure along the trend and consider buying. You should be careful if an ABC structure is formed, and the price can make a false breakout. In this case, it is better not to increase the risks.
Target 19894 - 20039 - 20387
On D1, the price after the correction may form a continuation of the upward movement with an update of the ATH. The correction was less than 40%, which may also, against a news background, allow the price to once again go down to the level of 19455.
On H4, for confirmation, you can wait for the formation of a 3-wave structure along the trend and consider buying. You should be careful if an ABC structure is formed, and the price can make a false breakout. In this case, it is better not to increase the risks.
Target 19894 - 20039 - 20387
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.