DOT / TetherUS

POLKADOT - FULL Elliot Wave Breakdown ✅

1738
Polkadot is exhibiting clear wave formations which fall in line with the Elliot Wave schematic.

We have the 5 wave impulse which started late 2020 followed by an ABC correction, which we are currently in.

We are currently in the C wave which has 5 subwaves and we're currently on the 5th and last subwave heading towards the completion of the ABC correction, where we also have the 78.6 fibonacci making it a really great level to watch for BUYS.

The next move would be the impulse (wave 3 - often the biggest wave). This is likely to take us beyond ATH, for a gain of atleast 400%!

Trade Idea:
- Watch for the completion of the ABC correction at the $9-$11 level
- Once bullish price action, enter with stops below the lows
- Targets: 50, 63, 80

Goodluck and as always, trade safe!

Give it a thumbs up and let us know what other cryptocurrency you would like us to look at!

免責聲明

這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。