The AI16Z symbol appears to be within a large diametric pattern, currently at the end of wave E.
For a rebuy, it's crucial to execute this on a support zone, especially for assets that have experienced significant pumps.
Based on the structure, if the price reaches the entry zone, we can look for buy/long positions around the green area.
The target could be the top of wave E, but if you achieve reasonable profit, consider securing your gains.
A daily candle close below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
For a rebuy, it's crucial to execute this on a support zone, especially for assets that have experienced significant pumps.
Based on the structure, if the price reaches the entry zone, we can look for buy/long positions around the green area.
The target could be the top of wave E, but if you achieve reasonable profit, consider securing your gains.
A daily candle close below the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Trade active
After hitting our entry zone, the price pumped by over 20%. Enjoy trading!
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Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
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.
🔆To succeed in trading, just enter our Telegram channel:
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
Free membership: t.me/Behdark_EN
🔷Our Telegram channel has daily spot and futures signals 👉 t.me/Behdark_EN
💎 Exclusive signals are only shared on our Telegram channel
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.