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investdimsum
Nov 8, 2021 11:35 AM

MetaHero - Wave Analysis 

Metahero / TetherKuCoin

Description

Hero completed it's 5 wave, ending with a strong 5th wave extension hence, a correction is much needed before taking off again.

A complex triple three correction wave which can consist of zig-zags/Triangles.
Completing the correction at around 0-0.120 to 0.125 before bouncing.

Not financial advice. Only for educational purpose. Price action of HERO depends on BTC price action hence, the analysis is only meant for reference.

Comment

Bounced! Hope you guys gotten your entries!
Comments
investdimsum
Good news
Despite BTC making a correction, Hero is holding up well compared to other alts , meaning it's on a strong support and the entry at 0.120 is good.
Bad news
If BTC were to dip further, Hero will follow and the next support are the these, 0.11710 and 0.10474.
Takasis
@investdimsum thank you
Takasis
i hate btc
Takasis
i bought at 0,123 i missed the dip. wish me luck
investdimsum
@Takasis, You got a good entry. BTC is currently at Wave vi which is the most unpredictable wave, so hang in there. All the best my friend.
Takasis
please answer me it is very important for me please please. should i get in?
Takasis
it seems it didnt work. did it?
Takasis
thx by the way nice chart
Takasis
last question. when it bounced it went up to 130 then fell down to 124 is it normal. should i wait?
Takasis
target?
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