Wave 2 never retraces more than 100% of wave 1. (done)
Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5.
(Incoming) Wave 4 does not overlap with the price territory of wave 1, except in the rare case of a diagonal triangle formation.
Wave 4 Should not pass 0.00046789 for the proper Elliot Wave to take place
In areas where the Candles broke the projection, you will notice overselling or overbuying.
Wave 3 cannot be the shortest of the three impulse waves, namely waves 1, 3 and 5.
(Incoming) Wave 4 does not overlap with the price territory of wave 1, except in the rare case of a diagonal triangle formation.
Wave 4 Should not pass 0.00046789 for the proper Elliot Wave to take place
In areas where the Candles broke the projection, you will notice overselling or overbuying.
Trade active
We are still in wave 4, and it look's as though we have not broken the purple line which is amazing news. Look for a good area to buy in if you missed as wave 5 still has yet to take place.Trade active
Look's like Wave 5 is possibly starting, Wave 4 also returned to the "predictable zone"Note
Assuming wave 4 is actually still in effect, the angle made it look like wave 5 has been in effect. Wave 4 may have a similar length to wave 2.Trade closed: target reached
Goal has been reached if you would like to feel free to hold for longer, nothing but good coming from this coin so far.
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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.
Related publications
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.