FETUSDT Elliott Wave Technical Analysis
Mode: Impulse
Position: Wave (iv) of (3)
Direction: Wave (iv) of (3) is still in play
Details: Wave (iv) is still in play which I expected to be end around 2.3-2.4 which will be my entry point.
Next Direction: Wave (V) which will complete the next higher Degrees Wave (3)
Target : the area between 3.75-3.9 with about 60% profit, if break the next target is the area between 4.1-4.2 with 70% profit.
Wave Cancel invalid level: as I see FET follow BTC move, so for this one my invalid level is BTC Daily close below 58.5K
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.
Mode: Impulse
Position: Wave (iv) of (3)
Direction: Wave (iv) of (3) is still in play
Details: Wave (iv) is still in play which I expected to be end around 2.3-2.4 which will be my entry point.
Next Direction: Wave (V) which will complete the next higher Degrees Wave (3)
Target : the area between 3.75-3.9 with about 60% profit, if break the next target is the area between 4.1-4.2 with 70% profit.
Wave Cancel invalid level: as I see FET follow BTC move, so for this one my invalid level is BTC Daily close below 58.5K
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.
Comment:
first entry point is reached and we wait for the second one
Trade active:
next entry points