Dash is currently displaying a well-defined corrective structure on the 15-minute timeframe.
Price action suggests that the market may be unfolding the final Wave C of an ABC correction. Within this framework, I am monitoring a potential continuation lower toward the 59–60 zone.
A short-term move higher into the 65.5–66 area remains possible and would still be consistent with the overall corrective count, provided the structure remains intact.
Invalidation:
A move above 66.23 would invalidate this Elliott Wave scenario and require a reassessment of the structure.
As always, execution depends on confirmation and market reaction at key levels.
Price action suggests that the market may be unfolding the final Wave C of an ABC correction. Within this framework, I am monitoring a potential continuation lower toward the 59–60 zone.
A short-term move higher into the 65.5–66 area remains possible and would still be consistent with the overall corrective count, provided the structure remains intact.
Invalidation:
A move above 66.23 would invalidate this Elliott Wave scenario and require a reassessment of the structure.
As always, execution depends on confirmation and market reaction at key levels.
Trade ist aktiv
Dash has reached the 66 area, following my scenario, and is now approaching the 60 level. With current price structure evolving, the downside focus has shifted toward the 56 area.The invalidation zone has also been adjusted and is now positioned near 63,8
Trade geschlossen: Ziel wurde erreicht
Update: I’m closing the sales idea, as the downside move appears to be complete. The primary target has been reached
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Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.