CND's 5th wave is FAR FROM DONE! 100% More to go!!
Updated
CND recently started its major pump (3rd elliot wave) and after a nice correction started its 5th Elliot wave. It is currently undergoing a slight sub correction which creates a fantastic buy opportunity for a great long position.
IF you would like reward me for my analysis on CND after you got some profits, donate here, thanks! (BTC only): 1EQuazVs5MHpcBrceUvKWwtmFBVpNn6hxw
Notes:
- CND has near perfect technical trading at Fib levels (see all Elliot wave counts in my analysis! Also how I got there.)
- Do not forget stop losses and TAKE PROFITS along the way.
- Change your sell price slightly below the target prices. Make sure your order is sold and do not risk losing out.
- I'll update this along the way.
IF you would like reward me for my analysis on CND after you got some profits, donate here, thanks! (BTC only): 1EQuazVs5MHpcBrceUvKWwtmFBVpNn6hxw
Notes:
- CND has near perfect technical trading at Fib levels (see all Elliot wave counts in my analysis! Also how I got there.)
- Do not forget stop losses and TAKE PROFITS along the way.
- Change your sell price slightly below the target prices. Make sure your order is sold and do not risk losing out.
- I'll update this along the way.
Comment
Beautiful bounce on the projected trend line is a great signal of continuation of the bullish trend.Due to instability of the market its still recommend to take some profits slightly below the 0.786 FIB level.
Comment
First profits taken, hope you guys listened! Expecting a slight correction outside the trendline.Comment
Slight correction happening, for those that followed and took profit, you have a free trade now. If you get tapped out the profit will even it out.Optional: you can lower your stop loss depending on the amount of profit that you have taken, mine is at ~2050.
Comment
It held on 2100 which is great news as it might indicate the end of the correction (C) with the first wave already being completed.Important: if the wave traces back more than 2100 its a false, and the correction will continue. I'd recommend taking the stop loss here. If it holds, put your seat belt back on and lets go!
Comment
Take profits again on the 0.618!
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