Pembelian

Diupdate

Bullish continuation

Desciption chart setup:
- Possible short formed W (RSI trendbreak confirmed 4h)
- Descending triangle formation for a possible wave 4 (Retracement fib target reached 0.382)
- Target box laid out in chart

Catatan

Setup depends on bitcoin's price action, keeping a close eye on the formation of a possible wave 4

Catatan

Bitcoin just pierced the 0.5fib retracement. Official invalidation at $68754.

Catatan

Bitcoin easily broke the 0.618. Possibilities for bullish continuation just increased. Reassessing new wave count.

Catatan

Invalidation for more downward pressure at $64512.

Catatan

Broke trendline. Looking impulsive with volume.

Catatan

Still indecisive whether this is corrective or a finished wave 3. Wave 3 did hit the 1.618fib level. Invalidation level at $6.836.

Catatan

My main scenario a wave X, perhaps a larger triangle.

Catatan

Breaking $6.821 will lead to lower prices.

Catatan

Keeping this BTC scenario in mind whilst eyeing NEAR's price action.

Catatan

Potential subwave B completion

Catatan

A bit of speculation. RSI does not yet support a triangle.

Catatan

That escalated quickly! Wave Y started sooner then I hoped..

Catatan

This was bound to happen at some point, but when it hits it hits HARD. Hope everybody executed their trading plan. This correction can be very quick and deep.

Catatan

Remain short-term bearish unless we break $5.758.

Catatan

Adjusted count to one more leg down.

Catatan

Update. Based on the current corrective structure, I forsee one more low for a finished wave Y/wave 4 (minuette). However, there is a clear invalidation level at $4,026, that makes it unlikely to touch the 1.236 & 1.618fib. Unless ofc this is not a wave 4. For the low to be in a double bottem (or truncated 5th) will confirm bullish momentum.

Catatan

Would be suprised if NEAR would follow Bitcoin's price movement and break out to the upside.

Catatan

Low might be in for Bitcoin.

Catatan

Previous chart was incorrectly labelled. The ending diagonal appears in Wave C of a zigzag. Wave 3 is shorter than wave 1, wave 5 is shorter than wave 3, and wave 3 is shorter than wave 2.

Catatan

I retract my comment from the 18th, because I do see a possibility for NEAR to have bottomed.

Catatan

Focused to much on the smaller timeframe. Expected a potential wave 4. However, wave 4 got invalidated (diagonal seems far fetched) as well as varies ABC structures. A 1-2, 1-2 setup might now be possible, but I can't rhyme this with Bitcoin's chart unless BTC lifts off.

Trading ditutup secara manual

HeftyBreadRoll

Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.