yakoeroe

yakoeroe

if we break the neckline, we assume the value from the bottom to the neckline will repeat at least 1 time above the neckline

yakoeroe

every time there is a dump there is an increase again and we make an HH and an HL

yakoeroe

is history going to repeat itself? we notice in the daily chart when we get into the overbought area we double top and then down after the green support is broken we go higher and get a small retest on the red support line there are many similarities in both yellow and green boxes. the question is are we going to break the support or not if we break the support,...

yakoeroe

M formation is in the making, I think we will double top according to elliot waves and febo. in my opinion: first wave is over I think we are now in sub wave 4 sub wave 5 still to go then we go back to correct and then wave 5 in blue to double top MACD is ticking away on long time frame RSI oversold

yakoeroe

check the chart

yakoeroe

all in the chart

yakoeroe

all in the chart

yakoeroe Updated 

wave 1 = retracement to the golden zone wave 3 = retracement to the golden zone wave 5 = you must use the Febonacci tool from wave 1 and not just the last wave . In that case and assuming that it will also reach the golden zone, we would see the 35 cents and we have good support there too. but there will be a stop at the 50% first. don't panic accumulate, that's...

yakoeroe

I think if we break the 200 EMA then we can go to 4usdt. but i think one more down

yakoeroe

check TARGET in the chart

yakoeroe Updated 

in my opinion, 2 scenarios bear scenario: if we break the support, we see the 2 targets in red bulls scenario: maybe we are in a sideways movement but if we break the resistance then we might see the target in green but since RSI still has room to go down and I think macd will make another leg down, but there is also a medium bullish divergence.

yakoeroe

Bullish divergence on daily and oversold on 4H, 1H, 30min, 15min, 5min If we hold this price i think there is strong probability to go up and next stop is then 4.36

yakoeroe

chack chart, comments are welcome

yakoeroe

could be this the 2 different scenarios that can take place. I think there is at least one more leg down Good luck!

yakoeroe Updated 

as I already mentioned in the chart of 8 February ... we go to target 2 (yellow) but we hit first target 1 (white) the question is now, are we going to target 3 (yellow) .... I think so .... is already under ema 100 and MACD does not look bullish either i think we go first to 0.395, before we see the downside!

yakoeroe Updated 

It's just my opinion ...

yakoeroe

you all know that we cannot see into the future and this is just a puzzle of probabilities

yakoeroe

in my opinion we move in a triangle if we break the 50 ema and resistance then we see target 1 (white), but most likely first down. this is not a buy or sale advice and trade with caution!