There is a clear time cycle pattern with DNT which lasts for approximately 180 days, from pick(wave 1) to pick(wave 3). Based on this observation, there is a high probability that we reach the wave 5 by August. Usually the wave 4 is a chart pattern(here we have a symmetric triangle which validates our wave count).
Another observation, using log fib extension, we see that wave 3 it was the 261% extension of wave 1. Remember that wave 3 is never the shortest wave. We may expect the wave 5 to reach a fib level. We have various bullish levels from 4usd(most probable) to 17usd and the most bullish (but still realistic) target around 190 usd!
Last note, i am expecting the sub wave 5 of the major wave 5, and final leg up, to break the ascending channel. If this break happens before the sub wave 5, the levels between 17-190 usd are totally possible.
Remember, Stay safe!
Another observation, using log fib extension, we see that wave 3 it was the 261% extension of wave 1. Remember that wave 3 is never the shortest wave. We may expect the wave 5 to reach a fib level. We have various bullish levels from 4usd(most probable) to 17usd and the most bullish (but still realistic) target around 190 usd!
Last note, i am expecting the sub wave 5 of the major wave 5, and final leg up, to break the ascending channel. If this break happens before the sub wave 5, the levels between 17-190 usd are totally possible.
Remember, Stay safe!
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.