meszaros

MCOBTC rising wave structure...

Long
BITTREX:MCOBTC   None
MCOBTC rising wave structure. The exchange rate is currently correcting. Since the first ATR axis is flat (purple line) it is therefore expected that in the current upward phase the re-adjustments will be larger. As a result, the rise in motion will be slower. The second ATR axis is steeper, so the next wave structure can accelerate the exchange rate. If the idea is correct, the first wave of climbing is 0.00465442. Because of the steep ATR axis, the increase was calculated with quarter-wavelength correction. Then we expect a second wave of similar size. For which purpose it may range around 0.00701852 levels.

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