Alikze »» DOT | 61.8 Fibo retest scenario

alikze Updated   
According to the long-term analysis, the DOT currency is moving in the 1W time frame, which, as mentioned in the updated micro-waves of the previous post, completed a complete cycle in accordance with the path in the range of 11.92.
💎 First scenario: due to the recent three-wave correction and support in an important PRZ area, an upward corrective movement is currently underway, which is currently stopped at the 0.618 area. Therefore, if this X wave is not upward and after the completion of the correction log until the liquidity zone or PRZ leads to the failure of the zone and the daily candle is closed above it, it can continue the movement until the specified resistance PRZ zone. to give
💎 Second scenario: If the support PRZ area is broken, this can lead to a continuing corrective lag and a combined correction and correct the whole wave up to 0.23.
If the behavior and structure of the post changes, it will be updated.
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According to the presented analysis, the movement path after hitting the PRZ area has encountered demand and is currently around the first target.
After the correction to the PRZ zone and the growth to Fibo 61.8, it has been corrected again to the PRZ zone, and this return can be used to collect liquidity to break the Fibo zone for the next target. If the post was useful for you, support it with like and comment.
According to the current momentum and bullish guard, it can touch the neck line of the $8 range in the next step and then touch the next PRZ area.


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