Seems Like Sfp Getting ready For Another Massive Bounce Testing Major Trendline In daily Timeframe Incase Of breakout Expecting 100 To 120% bulish Move
SFP (1D) is a survivor. After 12-Oct 2021 market shift, we saw price quickly pump to 3.1000 area. Wave analysis must play out after moves like this. SFP price may be heading for 88.6% FIBO level of that premium pump, after which there is bound to be another pump back to 3.1000 area. Updates will follow if structure changes, but i need a shift in market structure...
SFPUSDT create hidden bearish divergence. And i anticipate she gonna create Cup & Handle pattern.
SFPUSDT create bullish divergence with ABCDE pattern!