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WAVESUSDT is testing the 1.518 Fibonacci level

2 280
The price created a double bottom on the daily support on 8.26$ and got a lot of liquidity

Mow the price is testing the 1.618 Fibonacci level, so we could see a retracement until the previous ATH as new support

How to approach?
We are waiting for the retracement until the previous ATH as new support, and We analyze again for a new long position if the price is going to satisfy our rules

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Keep in mind.

🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
Nota
The price starts with the retracement. The valid support is 42$ so far
syot kilat
Nota
the price lost the support and it's melting
32% so far

syot kilat
Nota
The price needs to hold the 4h support or We could see a retest of the monthly support on 21$

syot kilat
Nota
38% so far.
The Next valid support is 21$.
syot kilat
Nota
We made more than 43% since my call.
If the price is going to lose the 28$ support and the market is going to satisfy our rules, we could see a bearish impulse until the 21$
syot kilat
Nota
53% so far
syot kilat
Dagangan ditutup: sasaran tercapai
76%
syot kilat

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.