SHIB / TetherUS
Long
Updated

You can expect a decent move (Wave C, Target $ 0.0000417)

749
Hello Everyone.

What's a Flat pattern?
A flat is a pattern consisting of three waves labeled A-B-C
The most common structure is that Wave A and Wave C demonstrate equality (Regular Flat).

Structure:
3-3-5 internal structure

Wave A:
Wave A could be any correction pattern except triangles.
snapshot

Wave B:
Wave B = 90% of wave A (in most cases, it's a zigzag)
snapshot

Wave C:
Wave C =100%, or 123.6% of wave B.

The next level of detail that I will use is: Wave C is always an impulse or an ending diagonal.

Conclusion:
Powerful? yes!

Target:
$ 0.0000417, +100%

Note
snapshot
Note
snapshot

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