Alikze »» CATS | Wave 3 or C bullish scenario - 2H
🔍 Technical analysis: Wave 3 or C bullish scenario - 2H
- In the 2H time frame, it is moving in an ascending channel, which is recently seen in the 0.38 Fibo retracement range of the previous wave of a morning star candlestick pattern.
- Therefore, if the Fibo range is not broken, it can have an upward wave according to the current momentum up to the middle range of the channel.
💎 In the future, with the continuation of the upward pattern, it will have the ability to reach the supply range.
⚠️In addition, if the bottom of the previous wave is touched, the bullish scenario will be invalidated.⚠️
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CATSUSDT
- In the 2H time frame, it is moving in an ascending channel, which is recently seen in the 0.38 Fibo retracement range of the previous wave of a morning star candlestick pattern.
- Therefore, if the Fibo range is not broken, it can have an upward wave according to the current momentum up to the middle range of the channel.
💎 In the future, with the continuation of the upward pattern, it will have the ability to reach the supply range.
⚠️In addition, if the bottom of the previous wave is touched, the bullish scenario will be invalidated.⚠️
»»»«««»»»«««»»»«««
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.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
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