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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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.