We can identify some zones in the Chart for this Crypto Coin. Fibonacci Analysis, Elliot Wave Analysis also yielded a lot of Information on very strong turning points for this coin.
The First Demand Zone, Second Demand Zone and Third Demand Zone all have strong confluences located in them. we have important Fibonacci Support levels located there in each of the zones.
Each Zone has a Real Hidden Demand Area which is in Deep Blue Colour. The Fibonacci Levels for each Major Swing Up is also on the Chart.
In addition, we have an Harmonic Pattern pointing to the Second Zone. This increases the probability of a successful buy from the Second Zone. The Hidden Demand in the Second Zone is from 4.2535 - 4.6750.
We can see that a Double Top has formed in the Verified Resistance Zone at the All-Time-High (ATH). Right now, we also have a Downtrend Resistance Line that has formed with two touches already, starting from the Supply Zone.
Also for Elliot Wave, Wave 5 of the Motive Elliot Wave is completed. Price is in now in a Corrective ABC pattern. This can be a reversal? or maybe continuation?
Happy Trading and Happy Holidays ahead!!
The First Demand Zone, Second Demand Zone and Third Demand Zone all have strong confluences located in them. we have important Fibonacci Support levels located there in each of the zones.
Each Zone has a Real Hidden Demand Area which is in Deep Blue Colour. The Fibonacci Levels for each Major Swing Up is also on the Chart.
In addition, we have an Harmonic Pattern pointing to the Second Zone. This increases the probability of a successful buy from the Second Zone. The Hidden Demand in the Second Zone is from 4.2535 - 4.6750.
We can see that a Double Top has formed in the Verified Resistance Zone at the All-Time-High (ATH). Right now, we also have a Downtrend Resistance Line that has formed with two touches already, starting from the Supply Zone.
Also for Elliot Wave, Wave 5 of the Motive Elliot Wave is completed. Price is in now in a Corrective ABC pattern. This can be a reversal? or maybe continuation?
Happy Trading and Happy Holidays ahead!!