This coin appears to be forming a large Diametric correction, with wave D having recently been completed.
We are now in wave E of this larger Diametric, which itself appears to be developing as a Double Combination. At the moment, the market seems to be in the first correction of this Double Combination, taking the form of a Diametric.
Price now appears to be in wave F of this Diametric. Once wave G is completed, the market could form an upward X wave.
The highlighted green zone offers a potential area to look for buy/long positions.
The targets are marked on the chart.
A daily candle close below the invalidation level will invalidate this analysis.
If you have a symbol you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think MYX is bullish?
We are now in wave E of this larger Diametric, which itself appears to be developing as a Double Combination. At the moment, the market seems to be in the first correction of this Double Combination, taking the form of a Diametric.
Price now appears to be in wave F of this Diametric. Once wave G is completed, the market could form an upward X wave.
The highlighted green zone offers a potential area to look for buy/long positions.
The targets are marked on the chart.
A daily candle close below the invalidation level will invalidate this analysis.
If you have a symbol you want analyzed, first hit the like button and then comment its name so I can review it for you.
Do you also think MYX is bullish?
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✅ Join our Telegram channel to succeed in trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
