Eliot-style analysis of TruUsdt currency; Is 700% profit coming?

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TRUEFI / TETHER (COINEX:TRUUSDT)

COINEX:TRUUSDT TRUEFI / TETHER

trendanalysis waveanalysis beyondta truefi truusdt

According to the type of movements of this currency, it can be expected that the third downward wave has ended.
According to the high volumes shown in the square, it can be seen that the recent upward movement of the price can be the beginning of the fourth downward wave.
Hence, we go to confirm these volumes and change its temporary trend and check the divergence of the third wave.
Having a positive divergence in wave 3 confirmed the volumes; And it issues an increase signal to us.
The easiest way to extract the price target is to use the Fibonacci retracement tool, which can be used for the purposes of 50% and 61.8%.
Final price target based on Elliot wave count; It is right at the starting point of wave 2 or the ending point of wave 1.
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