Long
Waltcoin Long
Updated
First idea, and fist set of TA skills applied so please leave your feedback, it'd be greatly appreciated!
Waltcoin is on the 4th leg of a 5 wave Elliot wave / cycle. It has good support from the EMA (50 days) and there is a support trend line which each wave has pushed up off. Few more days until it start going up again, maybe already?
Waltcoin is on the 4th leg of a 5 wave Elliot wave / cycle. It has good support from the EMA (50 days) and there is a support trend line which each wave has pushed up off. Few more days until it start going up again, maybe already?
Note
Entry: 00266Final: 00440 (65%)
Stop: 00246 (7.5%)
May be smaller waves in the middle such as those seen in blue / numbers where sell-offs and re-buys can be increase profit.
Oh, and upward Legs A, C and E and downward Legs B and D were mapped using trendiness which I deleted because they crowded the graph. But A and C are almost identical.
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.