$TONUSDT either correction or fifth wave
Updated
In my point of view, we will be able to see two ways of the further development of events:
1.
TONUSDT will stop recent moving and will turn around directly to the correction related to the previous long jumps. This scenario look like more probable, since regarding to the indicators, this pair seems overbought.
2. In accordance with the waves theory,TONUSDT will close the 3rd wave via short correction moving and will open a raising movement to the 5th wave (1W chart).
Expecting and prefer to see correction to 3.5-4 in the closest time.
Does not constitute a recommendation.
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1.
TONUSDT will stop recent moving and will turn around directly to the correction related to the previous long jumps. This scenario look like more probable, since regarding to the indicators, this pair seems overbought. 2. In accordance with the waves theory,
TONUSDT will close the 3rd wave via short correction moving and will open a raising movement to the 5th wave (1W chart).Expecting and prefer to see correction to 3.5-4 in the closest time.
Does not constitute a recommendation.
#furoreggs #investing #stocks #shares #idea #forecast #trading #analysis
If you want to discuss, please subscribe and challenge this point of view
Note
Everything is aligned with the plan
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