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.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.