Since its launch in 2021, it has been in a flat bearish wave, but the current positive is that this bearish wave is at its end, and the targets for the drop and rebound from the red box are between 0.0052 and 0.0014.
Yes, it may ascend triple, then the failures will increase to new descending targets, but this ascent will be beautiful in order to benefit from the potential profits
If the currency price currently rises above the price of 0.037 before reaching the red box, my internal numbering for the last wave may be inaccurate, but it does not negate the scenario.
The positivity begins with the formation of a top higher than 0.0378, then a bottom higher than 0.0125 or equal to it, as a retest of the last bottom, but the positivity is confirmed by settling above the higher weekly volume candle, whose bottom is 0.1133
There are positive price indicators and divergences , but it is preferable to wait for the downtrend to break through and retest it before entering
Trade with caution
Yes, it may ascend triple, then the failures will increase to new descending targets, but this ascent will be beautiful in order to benefit from the potential profits
If the currency price currently rises above the price of 0.037 before reaching the red box, my internal numbering for the last wave may be inaccurate, but it does not negate the scenario.
The positivity begins with the formation of a top higher than 0.0378, then a bottom higher than 0.0125 or equal to it, as a retest of the last bottom, but the positivity is confirmed by settling above the higher weekly volume candle, whose bottom is 0.1133
There are positive price indicators and divergences , but it is preferable to wait for the downtrend to break through and retest it before entering
Trade with caution