Here is a possible scenario for "UNI/USDT" on Binance.
If you missed out this train, you should try to catch the entry on the red marked "re-entry area" from another ABC wave structure. RSI is targeting overbought areas but there is still room for an uptrend.
Looking for the final target in the green box with the final C wave. Possible a spike also to the upper fib level of 1.618 at the price of 8.91$.
This is my view of the current market and not an financial advise. Doing it for education.
If you missed out this train, you should try to catch the entry on the red marked "re-entry area" from another ABC wave structure. RSI is targeting overbought areas but there is still room for an uptrend.
Looking for the final target in the green box with the final C wave. Possible a spike also to the upper fib level of 1.618 at the price of 8.91$.
This is my view of the current market and not an financial advise. Doing it for education.
Comment:
close to the re-buy area. lets see how far we can go when we touch that area.
Comment:
re-entry area hit. will dip probably a second time. expecting a bounce from this area to finish the last wave C.
Comment:
sitting in the supply zone.. needs to push through it so we can continue for the end of the wave.
Comment:
target hit