It appears to be within wave D of a larger pattern.
Given the strong rally in wave C, it is expected that this coin will enter a time-consuming correction, so considering a symmetrical pattern for wave D is not illogical.
A short-term upward swing is expected from the green zone.
However, the main buy zone is the yellow box, where wave D could end and wave E may begin.
These moves and this pattern belong to the weekly timeframe and will take time to play out. For a spot buy, it’s best to keep this asset on your watchlist.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
Given the strong rally in wave C, it is expected that this coin will enter a time-consuming correction, so considering a symmetrical pattern for wave D is not illogical.
A short-term upward swing is expected from the green zone.
However, the main buy zone is the yellow box, where wave D could end and wave E may begin.
These moves and this pattern belong to the weekly timeframe and will take time to play out. For a spot buy, it’s best to keep this asset on your watchlist.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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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.
✅ Join our Telegram channel to succeed in crypto 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.
