But the ascent track is not. Similar to the bitcoin movement, two fractals can be identified here. Currently, the second fractal is under construction. The analysis shows that each of its correction parameters follows. Therefore, we can assume that the rising wave structure will be similar to the previous fractal. Now I'm trading this.
Looks like it is following your trend line so far, do you think it can go lower? or it has made the W you were expecting?
meszaros
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@gh0sta, Thanks for the comment. My current analysis is still valid. What I see now is that the "W" shape has moved higher. In my experience, the shape generally does not change, but this shift must be taken into account.