Alikze »» TONCOIN | Corrective scenario of ending wave 3
💎 In the daily and weekly time, it is moving in an ascending channel, and currently the current wave of the 3rd ascending wave has started from the bottom of the channel.
💎 Scenario 1: Currently, it is placed in an important resistance, which according to the shaded area in the confirmation of its correction process, we can wait for the candle to confirm that this correction can continue until the green box area, which is also in the midline of the channel.
💎 Therefore, it is not recommended to buy at the moment and you should wait for the range break to continue the process.
🔔 Scenario 2: otherwise, correction should be seen up to the green box area. In case of a break, this upward trend can continue up to the channel ceiling.
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💎 Scenario 1: Currently, it is placed in an important resistance, which according to the shaded area in the confirmation of its correction process, we can wait for the candle to confirm that this correction can continue until the green box area, which is also in the midline of the channel.
💎 Therefore, it is not recommended to buy at the moment and you should wait for the range break to continue the process.
🔔 Scenario 2: otherwise, correction should be seen up to the green box area. In case of a break, this upward trend can continue up to the channel ceiling.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
»»»«««»»»«««»»»«««
Comment:
According to the analysis, it has experienced more than 36% drop so far.
