The correction of this asset has started from the point we marked as "start" on the chart.
It appears to be an ABC correction or a more complex pattern.
It seems that this correction is forming a Flat, and we are currently in wave B of this Flat. Wave B itself is a Diametric, and we are now in wave e of it.
The expected price action of this coin is illustrated on the chart.
The closure of a daily candle above 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
It appears to be an ABC correction or a more complex pattern.
It seems that this correction is forming a Flat, and we are currently in wave B of this Flat. Wave B itself is a Diametric, and we are now in wave e of it.
The expected price action of this coin is illustrated on the chart.
The closure of a daily candle above 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
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Free membership: t.me/Behdark_EN
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🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
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.