Dear my fiends,
In this section, shorting is very risky, everyone. However, after looking at the price movement chart of Virtual/USDT, I’m quite interested in the 1-hour timeframe. Because when drawing the extended Fibonacci, I see it has reached an absolute peak. I’ll try using Elliott Wave to find the price correction area. I’ll only draw short correction waves since this is a correction wave. The price might still surge strongly after completing the correction. So, don’t expect the price to drop too deeply, okay? Oh, I’m not drawing RSI divergence, because you can already clearly see the divergence on the chart.
Best Regards,
In this section, shorting is very risky, everyone. However, after looking at the price movement chart of Virtual/USDT, I’m quite interested in the 1-hour timeframe. Because when drawing the extended Fibonacci, I see it has reached an absolute peak. I’ll try using Elliott Wave to find the price correction area. I’ll only draw short correction waves since this is a correction wave. The price might still surge strongly after completing the correction. So, don’t expect the price to drop too deeply, okay? Oh, I’m not drawing RSI divergence, because you can already clearly see the divergence on the chart.
Best Regards,
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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.