Hi crypto traders!
TEL had a massive run, similar to DNT. This subwave 1 of wave 5, TEL broke first. This is a good signal for DNT as it may follow this same trend too.
Anyways, back to TEL, if you draw a fib extension from the previous highs to the all time lows, you can find the 65c fib extension as a major target. When it comes to Elliott wave count, you can see than we have finished the wave 3, a month ago and now we are in the beginning of wave 5. This will be the last wave so profit taking on the way up it will be a wise choice to make.
Stay safe!
TEL had a massive run, similar to DNT. This subwave 1 of wave 5, TEL broke first. This is a good signal for DNT as it may follow this same trend too.
Anyways, back to TEL, if you draw a fib extension from the previous highs to the all time lows, you can find the 65c fib extension as a major target. When it comes to Elliott wave count, you can see than we have finished the wave 3, a month ago and now we are in the beginning of wave 5. This will be the last wave so profit taking on the way up it will be a wise choice to make.
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.