Panjang
ELF slow correction in downwards channel.
here i called the start of wave 4 corrective.
here i projected the general movement of the correction.
now that more of wave 4 has played out we can see a more general direction of the correction. it looks like we're in a downwards channel right now. we rejected the 200 hr MA (not a coincidence that's also the 0.38 fib mark) so i'd say there's nice support there. good buy in would be around 16k-17k sat. however, this correction is playing out slowly so for now i'd just watch at a distance.
again, this is not investment advice, DYOR :)
here i projected the general movement of the correction.
now that more of wave 4 has played out we can see a more general direction of the correction. it looks like we're in a downwards channel right now. we rejected the 200 hr MA (not a coincidence that's also the 0.38 fib mark) so i'd say there's nice support there. good buy in would be around 16k-17k sat. however, this correction is playing out slowly so for now i'd just watch at a distance.
again, this is not investment advice, DYOR :)
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.