One of the most speculative and volatile assets l've encountered yet. The entire structure is messy and corrective, but the last low has still held so far and I count the past few days of consolidation as an ending diagonal in Elliot subwave b of larger B. If it plays out, I'm looking for one more low to the 0.35 area before price takes off in subwave c of B.
Target TP Range: 2.7-4.2 (will need to adjust if we get another low)
Be careful trading this asset. Subwave c of B would be followed by a very sharp drop to new lows. NFA.
Target TP Range: 2.7-4.2 (will need to adjust if we get another low)
Be careful trading this asset. Subwave c of B would be followed by a very sharp drop to new lows. NFA.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.