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**Our team regularly publishes in-depth research reports on the cryptocurrency market.
After a prolonged period of consolidation, we’re finally seeing signs of a potential breakout. This analysis was developed using Bitcoin as a leading indicator to map the broader market structure, then applied to this specific asset to build a scenario with higher confidence. Notably, the length of wave 5 aligns precisely with the 0.618 extension of waves 1 through 3, suggesting that wave 5 may mark the completion of the current impulse sequence.
This alignment not only supports a short-term bullish outlook, but also signals the early stages of a larger trend reversal. Currently, the asset appears to be in a W-wave formation within a broader macro uptrend, hinting at the potential start of a more substantial rally.
Based on the current price structure, our targets are as follows:
First target: 1,598
Second target: 1,612
Third target: 1,632
These levels are derived through technical analysis and represent realistic milestones, assuming the prevailing trend holds. Given the wave structure and momentum behind this move, a strategy of scaling in or out based on these zones may provide a more balanced risk-reward profile.
This idea isn’t built on speculation but on consistent, repeatable wave structures and Fibonacci relationships. Rather than reacting to short-term volatility, the more effective strategy here is to understand the larger trend in motion and position accordingly.
**Your boosts empower SEOVEREIGN to cover more assets and share deeper insights.
**Our team regularly publishes in-depth research reports on the cryptocurrency market.
After a prolonged period of consolidation, we’re finally seeing signs of a potential breakout. This analysis was developed using Bitcoin as a leading indicator to map the broader market structure, then applied to this specific asset to build a scenario with higher confidence. Notably, the length of wave 5 aligns precisely with the 0.618 extension of waves 1 through 3, suggesting that wave 5 may mark the completion of the current impulse sequence.
This alignment not only supports a short-term bullish outlook, but also signals the early stages of a larger trend reversal. Currently, the asset appears to be in a W-wave formation within a broader macro uptrend, hinting at the potential start of a more substantial rally.
Based on the current price structure, our targets are as follows:
First target: 1,598
Second target: 1,612
Third target: 1,632
These levels are derived through technical analysis and represent realistic milestones, assuming the prevailing trend holds. Given the wave structure and momentum behind this move, a strategy of scaling in or out based on these zones may provide a more balanced risk-reward profile.
This idea isn’t built on speculation but on consistent, repeatable wave structures and Fibonacci relationships. Rather than reacting to short-term volatility, the more effective strategy here is to understand the larger trend in motion and position accordingly.
Trade active
1tp hit!
Trade closed: target reached
2tp hit!!
📢 SeoVereign 텔래그램 채팅방:우리와 함께하세요!
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아래를 참고해주세요 👇 (금전요구 절대 ❌)
docs.google.com/forms/d/1A-npClIwgxRKbqFEIEEITmQ5kl2BsrN3GbtgAaYR9EU/viewform?edit_requested=true
아래를 참고해주세요 👇
t.me/SeoVereign_Chat
📢 SeoVereign 실제 매매 종목 실시간 공개
아래를 참고해주세요 👇 (금전요구 절대 ❌)
docs.google.com/forms/d/1A-npClIwgxRKbqFEIEEITmQ5kl2BsrN3GbtgAaYR9EU/viewform?edit_requested=true
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
📢 SeoVereign 텔래그램 채팅방:우리와 함께하세요!
아래를 참고해주세요 👇
t.me/SeoVereign_Chat
📢 SeoVereign 실제 매매 종목 실시간 공개
아래를 참고해주세요 👇 (금전요구 절대 ❌)
docs.google.com/forms/d/1A-npClIwgxRKbqFEIEEITmQ5kl2BsrN3GbtgAaYR9EU/viewform?edit_requested=true
아래를 참고해주세요 👇
t.me/SeoVereign_Chat
📢 SeoVereign 실제 매매 종목 실시간 공개
아래를 참고해주세요 👇 (금전요구 절대 ❌)
docs.google.com/forms/d/1A-npClIwgxRKbqFEIEEITmQ5kl2BsrN3GbtgAaYR9EU/viewform?edit_requested=true
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.