Zilliqa TA update: EW on subwaves (Refer to my previous idea)
Updated
Major resistance at 750 sats and we find support at 726 sats.
Subwave 5 can hit a double top at 750 sats again or if there's enough buying volume , it can hit roughly 770-782 sats
EW count is INVALID if the price retraces below 726 sats with volume (no wicks)
Subwave 5 can hit a double top at 750 sats again or if there's enough buying volume , it can hit roughly 770-782 sats
EW count is INVALID if the price retraces below 726 sats with volume (no wicks)
Note
Based on the chart above, Wave 4 retraced lower than 726 with volume but still is moving up impulsively. I corrected the EW count to position Wave 3 higher as below:
We now target roughly 773 to 790 sats for a fibonacci confluence zone
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