If you subscribe to Elliott Wave theory, this chart indicates the presence of a terminal impulse wave, suggesting that the price could potentially rise to approximately $0.9. SL: the head of wave 5 Please ensure to double-check whether Wave 5 within the terminal impulse has concluded or not. Best of luck with your analysis, and remember to do your own research (DYOR).
It seems like we have completed the impulse wave and entered the correction phase. The correction took the form of a normal B. This correction's C leg exhibits a five-wave structure and concludes with a terminal impulse, marked by a 5x pattern. This suggests that the subsequent wave, following this correction, has the potential to reach a new high within this...
3.423 dollar still be interesting as entry point. The plan still same just re count Elliot wave . we haven't done the sub wave yet, just wait to complete the big wave 3.
3 confirmation. 1. RSI above 50 and above ema 200 that mean we are in the momentum of up trend. 2. Hidden bullish divergence 3. We haven’t reach wave3 extension, so it possible that price can go up to 8.25 $.
This is the lesson why it gonna up - First we just finish first two impulse wave 1 and 2 (collection flat strong B) - fibonacci told us that wave 3 will start soon because it retrace below 61.8%, and the price can go up to 25000 according to wave 3 extension 0.168% What should we looking for now? - To make this prediction more precise, we should look for the...