A possible leading diagonal wave 1 or A completed with 5-3-5 pattern in July.
Wave 1 extension the longest with 5 wave pattern - wave 1.3 extended, RSI bearish divergence signal between wave 1.3 - 1.5.
Wave 2 retraced 61.8% of wave 1 ABC pattern.
Wave 3 extended 127.2% of wave 1 - wave 3.1 the longest and 3.5 the shortest wave.
Wave 4 - a falling triangle pattern retraced 50% of wave 3 exactly.
Wave 5 - RSI bearish divergence confirmation, with the length of 61.8% of wave 1.
Now wave 2 / B pattern ABC correction, possible a bull flag pattern.
Wave A retraced 38.2% of wave 1, wave B currently rebounded testing the upper part of the uptrend channel at 30K price and dynamic resistance at wma200w
A bearish momentum could continue into the bullish flag pattern targeting the Wave C at 61.8% of Wave 1/A around 21K+/- price.
Wave 1 extension the longest with 5 wave pattern - wave 1.3 extended, RSI bearish divergence signal between wave 1.3 - 1.5.
Wave 2 retraced 61.8% of wave 1 ABC pattern.
Wave 3 extended 127.2% of wave 1 - wave 3.1 the longest and 3.5 the shortest wave.
Wave 4 - a falling triangle pattern retraced 50% of wave 3 exactly.
Wave 5 - RSI bearish divergence confirmation, with the length of 61.8% of wave 1.
Now wave 2 / B pattern ABC correction, possible a bull flag pattern.
Wave A retraced 38.2% of wave 1, wave B currently rebounded testing the upper part of the uptrend channel at 30K price and dynamic resistance at wma200w
A bearish momentum could continue into the bullish flag pattern targeting the Wave C at 61.8% of Wave 1/A around 21K+/- price.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.