This is Elliot Wave analyses.The chart analysis is self-explanatory in the chart and the price movement also.
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This is not a financial advise but the author's idea. Comment and give me good like coin to encourage me...
On the above 1-day chart price action action has corrected 82% with oversold condition (dark orange column). A ‘incredible buy’ opportunity now exists with the break of RSI resistance (blue diagonal lines) as Stochastic RSI crosses up 20 (circled in green) with bullish engulfing candles. Look left.
Is it possible price action falls further? For sure.
Not financial advice.
It's plain as day.
Could be a nice end of the week gain
Potential of 100% from here
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