Cronos / TetherTelah dikemas kini CRO/USD
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
RR: 25
Possible upside: 1200%
Possible downside: 48%
The bottom for CRO is in. 99.99% sure.
If you take a look at the wave (4) bottom it touched the price around 0.06. It went a bit under the support line. This is a prime example of what I meant by getting stop hunted. When they are looking to take out players who places stop losses on support lines they will go a bit right under to trigger your stop loss.
The stop loss I have placed on this chart goes a bit further than that. 0.055
Wave 2 bottomed around 0.048
0.06 is really close to 0.048 so I'm 99.99% sure the bottom for CRO is in. If we go anywhere near 0.048 this chart is invalid.
RR: 25
Possible upside: 1200%
Possible downside: 48%
The bottom for CRO is in. 99.99% sure.
If you take a look at the wave (4) bottom it touched the price around 0.06. It went a bit under the support line. This is a prime example of what I meant by getting stop hunted. When they are looking to take out players who places stop losses on support lines they will go a bit right under to trigger your stop loss.
The stop loss I have placed on this chart goes a bit further than that. 0.055
Wave 2 bottomed around 0.048
0.06 is really close to 0.048 so I'm 99.99% sure the bottom for CRO is in. If we go anywhere near 0.048 this chart is invalid.
Dagangan aktif
Update: Support & Resistance levels added.Sub cycle pink wave added for the wave (5) count.
Nota
Update: Timeframe changed to 4hThe bottom is supposedly in. However, we're not supposed to count scamwicks for wave count so there's still a possibility of us going down to where that scamwick went. If we haven't started the impulse wave then it will start where the wave 4 is.
Subcycle blue wave has been added for the pink wave.
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.