Zilliqa TA update: EW on subwaves (Refer to my previous idea)

15 Nis 2018

Major resistance at 750 sats and we find support at 726 sats.

Subwave 5 can hit a double top at 750 sats again or if there's enough buying volume , it can hit roughly 770-782 sats

EW count is INVALID if the price retraces below 726 sats with volume (no wicks)

15 Nis 2018

Not

Based on the chart above,

Wave 4 retraced lower than 726 with volume but still is moving up impulsively. I corrected the EW count to position Wave 3 higher as below:

We now target roughly 773 to 790 sats for a fibonacci confluence zone