#NASDAQ - UniverseMetta - Analysis
On D1, the price can potentially form a 3-wave structure; with this implementation, it will be possible to see a global correction after a strong growth. Globally, the targets will be at levels 19350 - 18550
On H4, for confirmation, you can wait for the formation of a 3-wave structure with a retest of the trend line, and consider selling with little risk. Local levels 19594 - 19080. In this case, it is better not to take increased risks, since a potential correction of the asset is being traded.
Target 19443 - 19303 - 19080
On D1, the price can potentially form a 3-wave structure; with this implementation, it will be possible to see a global correction after a strong growth. Globally, the targets will be at levels 19350 - 18550
On H4, for confirmation, you can wait for the formation of a 3-wave structure with a retest of the trend line, and consider selling with little risk. Local levels 19594 - 19080. In this case, it is better not to take increased risks, since a potential correction of the asset is being traded.
Target 19443 - 19303 - 19080
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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.
Related publications
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.