After a bullish move, DEGEN's correction has started.
Wave A formed a symmetrical pattern, Wave B was a diametric, and Wave C is also unfolding as a symmetrical. We are currently in the middle of Wave C.
It is expected that DEGEN will drop to the green zone in the coming period, where Wave C is likely to complete.
From the green zone, DEGEN could potentially move toward the red box area.
The targets are clearly marked on the chart.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Wave A formed a symmetrical pattern, Wave B was a diametric, and Wave C is also unfolding as a symmetrical. We are currently in the middle of Wave C.
It is expected that DEGEN will drop to the green zone in the coming period, where Wave C is likely to complete.
From the green zone, DEGEN could potentially move toward the red box area.
The targets are clearly marked on the chart.
A daily candle closing below the invalidation level would invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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✅ Join our Telegram channel to succeed in crypto 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
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.