AR
Short
Updated

AR in daily chart

309
Hello
I am living the crypto market for a while and I have become sure that this market is not for trading thanks to many manipulations and ...
After long-term bearish market, it seems that AR is making a bullish impulse and if my estimate is correct we will face a considerable correction as wave II cycle very soon.

Thanks
Note
Confirmation level for bearish = 36 USD
Note
Important notice: There are a few symbols which are showing us a temporary bearish market and so you might as yourself how it possible in the bullish market.
Please consider that these projects , same as what is happening for AR, has started to complete their wave 2 in higher degree and then they will achieve higher level. In simple word, they are ahead of other symbols.
Think about that.
Note
Note: sometimes, the pattern ED (Ending Diagonal) happens but it is waves 1,2 of an extension and trend continues to its way, so it is always recommended to focus on confirmation instead of the pattern.
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I hope this makes a reasonable wave II, because if it happens then AR will skyrocket.
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if it continues to drop deeper, I mark it as wave 1 of A
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As I mentioned on May 21, our confirmation is 36 to make wave 3 or C
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If my forecast goes true but there is still an unclear future and it is the pattern which can be Zigzag, for deeper levels, or it can be a Flat that is suitable for shallow time-consuming situations. Just time make it disclosed.
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The red counting alternative scenario should be kept in our mind.
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This is how EW works my friends.
This chart is expected to see more corrections.
Note
we will discuss about the end of wave II cycle in the next week.

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