CFXUSDT long Spot Trade / after the last correction
after the last correction CFX break the Base Channel and entered wave 2 territory, and as I see BTC and ETH not complete there correction wave yet, and the same case with most of the other Crypto, so that mean that the price will go deeper, which make our 5 impulse Wave Idea invalid.
CFXUSDT Elliott Wave Technical Analysis
Mode: Corrective
Position: Wave (c) from Blue (B)
Direction: Wave (c) is still in play
Details: Wave (c) is still in play which I expected to be end around 0.16-0.14 which will be my entry point.
Next Direction: Blue Wave (C)
Targets : 0.498, 0,585, 0.63 with 200-270% profit
Wave Cancel invalid level: Daily closing below 0.1 with 40% loss.
Disclaimer:
This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
CFXUSDT Elliott Wave Technical Analysis
Mode: Corrective
Position: Wave (c) from Blue (B)
Direction: Wave (c) is still in play
Details: Wave (c) is still in play which I expected to be end around 0.16-0.14 which will be my entry point.
Next Direction: Blue Wave (C)
Targets : 0.498, 0,585, 0.63 with 200-270% profit
Wave Cancel invalid level: Daily closing below 0.1 with 40% loss.
Disclaimer:
This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.
