ahmadsaad83

KEYUSDT long Spot Trade / after the last correction

Long
BINANCE:KEYUSDT   Selfkey / TetherUS
after the last correction break the Base Channel and entered wave 2 territory, and as I see BTC and ETH not complete there correction wave yet, and the same case with most of the other Crypto, so that mean that the price will go deeper, which make our 5 impulse Wave Idea invalid.

KEYUSDT Elliott Wave Technical Analysis
Mode: Corrective
Position: Wave (c) from (X)
Direction: Wave (c) is still in play
Details: Wave (c) is still in play which I expected to be end around 0.0046-0.0035 which will be my entry point.
Next Direction: next higher Degrees Wave (Y)
Target :
T1: 0.010775 with 160% profits
T2: 0.0143 with 250% profits
Wave Cancel invalid level: Daily closing below 0.002348 with 40% loss.

Disclaimer:
This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.