EWFcw

ALPHAUSDT - EW analysis - is it 5th wave ?

BINANCE:ALPHAUSDT   ALPHA / TetherUS
ALPHAUSDT - it seems like subwave 2 correction is over within 5th wave and expecting more upside. But it should give impulse up as confirmatory move before get in to set up. Once the price crosses above 2.133 it is confirmed the 5th wave up. If it confirms the impulse in 15 min time frame since the last minor low, then pump it with stop level below 1.3753 for target zone above 3.80 or even higher level.

Give a thumbs up if you really like the Elliott wave analysis.

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.