As you see the chart above (TOTAL index), I've counted the waves as you see.
I think it's now within wave 3/C. Thus after counting sub-waves, I think it's the third wave within 3/C.
Therefore in short-term period it should be terminated and after that it enters wave 4 which is a timing correction (possibly and due to wave 2).
Then wave 5 which is upward will begin.
So I think we don't have any problem about market cap in short-term period at least.
But be careful about the future!
I think it's now within wave 3/C. Thus after counting sub-waves, I think it's the third wave within 3/C.
Therefore in short-term period it should be terminated and after that it enters wave 4 which is a timing correction (possibly and due to wave 2).
Then wave 5 which is upward will begin.
So I think we don't have any problem about market cap in short-term period at least.
But be careful about the future!
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.