ATH condition: first correction and then pump
Hello dear friends
As you can see in the diagram, the ATH is ready for a correction after the recent ascent
ATH correction can be Fibonacci 0.618 = $2300
That is up to MA200 per day = $2300
That brings the price correction to around $2,300
After this correction, we see the formation of a continuous and incremental triangle
Now, with this correction, ATH will make its point D in the ascending triangle and will start moving towards the upper side of the triangle, and after breaking the upper side of the triangle, it will continue its movement according to the triangle pattern up to $6,800.
Dear friends, this is not a trading recommendation
Please make your transactions at your own discretion and opinion
Good luck
As you can see in the diagram, the ATH is ready for a correction after the recent ascent
ATH correction can be Fibonacci 0.618 = $2300
That is up to MA200 per day = $2300
That brings the price correction to around $2,300
After this correction, we see the formation of a continuous and incremental triangle
Now, with this correction, ATH will make its point D in the ascending triangle and will start moving towards the upper side of the triangle, and after breaking the upper side of the triangle, it will continue its movement according to the triangle pattern up to $6,800.
Dear friends, this is not a trading recommendation
Please make your transactions at your own discretion and opinion
Good luck
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.