After a bullish move, DEGEN's correction has started.
Wave A formed a symmetrical pattern, Wave B was a diametric, and Wave C is also unfolding as a symmetrical. We are currently in the middle of Wave C.
It is expected that DEGEN will drop to the green zone in the coming period, where Wave C is likely to complete.
From the green zone, DEGEN could potentially move toward the red box area.
The targets are clearly marked on the chart.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Wave A formed a symmetrical pattern, Wave B was a diametric, and Wave C is also unfolding as a symmetrical. We are currently in the middle of Wave C.
It is expected that DEGEN will drop to the green zone in the coming period, where Wave C is likely to complete.
From the green zone, DEGEN could potentially move toward the red box area.
The targets are clearly marked on the chart.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
🔆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.
🔆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.