S Analysis (1W)

Based on the complete data of this coin | which is not fully available in this chart —

From the point where we placed the red arrow on the chart, the major corrective wave S has begun.

It appears that an ABC pattern has formed on the weekly timeframe, where wave B was a completed diametric structure.

We are now in the large C wave, which is expected to be a long and time-consuming move both in price and duration, likely to complete within the green zone.

This is our outlook on S.

For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
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