Note: This is a risky and highly volatile meme coin.
It appears that the bullish X wave has ended at the point where we placed the red arrow on the chart, and the price has now entered a corrective phase once again. This correction seems to be forming a diagonal pattern, and we are currently in wave F of this structure.
If the price reaches the green zone, we can look for potential buy/long positions.
Targets are marked on the chart, with the main target being the flip zone.
A daily candle closing below the invalidation level would invalidate this view.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
It appears that the bullish X wave has ended at the point where we placed the red arrow on the chart, and the price has now entered a corrective phase once again. This correction seems to be forming a diagonal pattern, and we are currently in wave F of this structure.
If the price reaches the green zone, we can look for potential buy/long positions.
Targets are marked on the chart, with the main target being the flip zone.
A daily candle closing below the invalidation level would invalidate this view.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade closed: target reached
After hitting the green zone, which was our entry area, the price pumped over 36%, and both TP1 and TP2 were reached
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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.