Based on the complete data of this coin | which is not fully available in this chart —
From the point where we placed the red arrow on the chart, the major corrective wave S has begun.
It appears that an ABC pattern has formed on the weekly timeframe, where wave B was a completed diametric structure.
We are now in the large C wave, which is expected to be a long and time-consuming move both in price and duration, likely to complete within the green zone.
This is our outlook on S.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
From the point where we placed the red arrow on the chart, the major corrective wave S has begun.
It appears that an ABC pattern has formed on the weekly timeframe, where wave B was a completed diametric structure.
We are now in the large C wave, which is expected to be a long and time-consuming move both in price and duration, likely to complete within the green zone.
This is our outlook on S.
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
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✅ Join our Telegram channel to succeed in trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
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.