BEARISH WAVES IS OVER. WHAT CAN WE DO NEXT?
✅ WHERE WE ARE
After the bullish 3(4372)(lime) hit, crash has come, which should be thought as the correction waves.
We wanted to buy at 4(lime).
Then we must've taken a long position as low as possible.
Around Fib31.8(1723) looked like the best level to BUY.
Then it bounced off at 1728.
Because bearish 4(pink) is broken, it's confirmed that the bullish trend(pinkBC) is over.
So how to trade?
Secenario1(bullish)lime ray line
If 1728 is c=lime 4, bullish 5 waves would go to break lime3,4372.
Secenario2(bearish)pink ray line
If 1728 is bearishA, the current bullish wave is correction wave. after the correction wave, bearish impulse waves would come and 1728 would be broken to make C.
At the moment, it's a good idea to wait for lime 4 to buy, target is around the pink resistance line, around 3k?
💡The absolute principle for trading💡
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
After the bullish 3(4372)(lime) hit, crash has come, which should be thought as the correction waves.
We wanted to buy at 4(lime).
Then we must've taken a long position as low as possible.
Around Fib31.8(1723) looked like the best level to BUY.
Then it bounced off at 1728.
Because bearish 4(pink) is broken, it's confirmed that the bullish trend(pinkBC) is over.
So how to trade?
Secenario1(bullish)lime ray line
If 1728 is c=lime 4, bullish 5 waves would go to break lime3,4372.
Secenario2(bearish)pink ray line
If 1728 is bearishA, the current bullish wave is correction wave. after the correction wave, bearish impulse waves would come and 1728 would be broken to make C.
At the moment, it's a good idea to wait for lime 4 to buy, target is around the pink resistance line, around 3k?
💡The absolute principle for trading💡
BUY - as low as possible
SELL - as high as possible
PLEASE DO NOT FORGET TO LIKE👍🏻 AND FOLLOW ME❤ IT MOTIVATES ME TO THE NEXT IDEA! THANK YOU 🎉
