It is possible that C98 could start to regain upside momentum soon.
Even though the impulsive movement is not entirely clear, I´m relying on multiple ABC wave patterns.
Wave Count: My primary count suggests there is one more leg downward needed to complete black wave C. Strong support is anticipated just above the 0.20 price level.
Technical Indicators: I plan to monitor the Relative Strength Index (RSI) for any divergence as new lows are made, which could indicate potential reversal opportunities.
Profit Potential: If this scenario unfolds as expected, it could potentially offer a 3-4 times return on C98 trades.
Even though the impulsive movement is not entirely clear, I´m relying on multiple ABC wave patterns.
Wave Count: My primary count suggests there is one more leg downward needed to complete black wave C. Strong support is anticipated just above the 0.20 price level.
Technical Indicators: I plan to monitor the Relative Strength Index (RSI) for any divergence as new lows are made, which could indicate potential reversal opportunities.
Profit Potential: If this scenario unfolds as expected, it could potentially offer a 3-4 times return on C98 trades.
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👍 Simple, actionable content
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🎖️ Premium VIP Discord Server ($4.99/mth for a limited time - check link below)
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