ThousandX_Trader

LABS/USDT signals that a bottom is in, shifts to bull trend.

Long
KUCOIN:LABSUSDT   LABS Group / Tether
Typically when a clear 5-wave move is made in a new direction this is a good indicator that a bottom is in and the trend has shifted to a new direction. Look for resumption of the new trend after an A-B-C correction on just completed on the LTF.
Comment:
This was wishful thinking. One of the reasons I have moved away from discretionary trading into more reliable algorithmic methods.
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.