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trieutv
Dec 31, 2021 3:15 AM

XDC is going down to 0.045 Short

BITFINEX:XDCUSD240
XDC / DollarBitfinex

Description

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On the 4H chart, we have the complete impulse wave at 0.195.

The correction wave has been beginning with i, ii, iii that has done and the fourth wave has been happening.

Open a short order when it hit 0.116 and take profit at 0.045 with stop loss at 0.128.

Elliott WaveFibonacciSupport and ResistanceXDCUSDbinancecryptotradingtradervietnamtrieutv
Comments
cookiemonster420
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Do you think we bottomed or are we still in for lower lows? thank you
trieutv
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@cookiemonster420, I think it will down, because buying volume is low. That means a pullback in downward
cookiemonster420
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@trieutv, Nailed it !
Neo83
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@cookiemonster420, amazing
Neo83
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thanks and after that what do you think it will happen ?
trieutv
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@Neo83, Unless it break that support, it will bounce back and begin a new cycle.
Neo83
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@trieutv, Thank you
Neo83
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@trieutv, just for my knowledge the correction should be in ABC no not in 5 waves ...just trying to learn thanks bro
trieutv
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@Neo83, wave C = 1.168 Fib wave A, that's a third wave of impulse wave. No longer wave C
Neo83
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thanks but i am a bit confused.
where your wave A start and finish then ..
do you meant this :
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