If you subscribe to Elliott Wave theory, this chart indicates the presence of a terminal impulse wave, suggesting that the price could potentially rise to approximately $0.9.
SL: the head of wave 5
Please ensure to double-check whether Wave 5 within the terminal impulse has concluded or not. Best of luck with your analysis, and remember to do your own research (DYOR).
SL: the head of wave 5
Please ensure to double-check whether Wave 5 within the terminal impulse has concluded or not. Best of luck with your analysis, and remember to do your own research (DYOR).
Trade closed manually:
What I've leaned from this chart is that a terminal impulse is not suitable for a large time frame. Based on my analysis, when a terminal impulse unfolds over an extended period, it becomes quite challenging to reach the target.