WNXM made a nice push from bottom and has now finally corrected. Question is - did we finish correction? Looking at indicators we see that we are oversold, we did ABC corrective structure after breaking diagonal resistance line - similar move to XRP. Currently we are sitting at old fibb 0.5 S/R range. Also we have inverted H&S pattern in the making.
As long as we bounce from here we will move to ATH range where it's likely that we will get rejected and do quick correction. If that correction stays above neckline of inv H&S pattern then we open path to new ATH with target being fibb 1.618 range.
As long as we bounce from here we will move to ATH range where it's likely that we will get rejected and do quick correction. If that correction stays above neckline of inv H&S pattern then we open path to new ATH with target being fibb 1.618 range.
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Long time nothing and then x10 move out of nowhere.... Hope you took profits on the way up. Rejection is nasty and I do not believe we will go for fibb 1.618 target. Till we get further data I am staying out of it.
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.