📍As you may already know I have great passion for E-Wave and combining it with other trading material and strategies as ichi-moku and price action.
📍 From E-wave point of view, I see many confirmation for another bullish cycle, however exactly at this price zone, which is also on the middle-line of the pitchfork, we may have a 5 wave 0.23 Fibbo level.
⚠️ So, I give this currency a time till 04.Spetember so it may react to my ichi-moku time zone. If, ATOM/USDT has started to have a sharp downfall, I will be looking for several more confirmation, but if it has a slight correction I will look forward to enter.
📍 What is looking super delicious is the 3rd E-wave which has a long way to go.
⚠️ However. like any other strategies in the market the E-wave can also be failed either, so we cannot completely rely on it. With breaking the previous levels (which I do not personally think about that ) the whole analysis needs a further update
THIS IS NOT A FINANCIAL ADVICE PLEASE MAKE DECISIONS BASED ON YOUR OWN AND DO NOT TRADE OR MAKE ANY LONG AND OR SELL POSITION CONSIDERING ONLY MY ANALYSIS
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AN INEVITABLE HIDDEN DIVERGENCE IN PRICE AND RSI MAY HELD THE PRICE'S UPTREND MOVEMENT AND LEAD IT IN A PULLBACK TO THE TREND-LINE ALREADY BROKEN