See link below for previous analysis.
The wave 4 forecasted in the previous analysis turned out to be much deeper but looks to have bottomed at 215732 cps.
The overall structure from 147340 is still an impulse so wave 5 could be in its early stages now.
What is key is that 215732 holds and this level should be used as a stop-loss.
What is further encouraging is that the MACD started turning up before price and has recently broken above the zero-line after many months trading below it. This is bullish from a momentum perspective.
The wave 4 forecasted in the previous analysis turned out to be much deeper but looks to have bottomed at 215732 cps.
The overall structure from 147340 is still an impulse so wave 5 could be in its early stages now.
What is key is that 215732 holds and this level should be used as a stop-loss.
What is further encouraging is that the MACD started turning up before price and has recently broken above the zero-line after many months trading below it. This is bullish from a momentum perspective.
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면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.