as I see it, an impulsive wave 1, driven by large volume, has met with the upper trend limit in red
wave 2 is likely meeting its end at the .02 support
given the history of price attraction to the 18 MA LOWS in black
it is likely that this will be used as support for the wave 3 continuation
wave 3 should be longer than wave 1 and should likely break the red trend limit line
if price begins to find itself below the 18 MA LOWS it could mean waiting until next June for another attempt
all opinions at this point
not trading advice
any Utrust fans out there?
they seem to be delivering the systems that crypto needs for integration into the financial world
wave 2 is likely meeting its end at the .02 support
given the history of price attraction to the 18 MA LOWS in black
it is likely that this will be used as support for the wave 3 continuation
wave 3 should be longer than wave 1 and should likely break the red trend limit line
if price begins to find itself below the 18 MA LOWS it could mean waiting until next June for another attempt
all opinions at this point
not trading advice
any Utrust fans out there?
they seem to be delivering the systems that crypto needs for integration into the financial world
