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SONICUSD

SONIC Update (2H)This analysis is an update of the analysis you see in the "Related publications" section Since the previous analysis, it has dropped by over 21%. There is limited data available for this symbol. Considering the time gaps, it seems the waves of this diametric are expanding. Currently, it appears that we are in the middle of wave C. We are still within the green zone of the previous analysis. It is better to shift the buy zone to the green area of this update. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
BYBIT:SONICUSDT
by behdark
2
SONIC buy/long setup (4H)In hourly timeframes, SONIC appears to be forming a diamond-shaped diametric pattern. Each leg of this diametric lasts between 9 to 31 days, and each drop within the pattern ranges from 33% to 41%. The E wave could potentially complete within the green zone, after which the F wave may move upward, resulting in a 30%–40% bounce. Closing a daily candle below the invalidation level will invalidate this analysis. For risk management, please don't forget stop loss and capital management Comment if you have any questions Thank You
BYBIT:SONICUSDT
by behdark