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UTK MINOR ELLIOTT WAVE 1 & 2

161
as I see it, an impulsive wave 1, driven by large volume, has met with the upper trend limit in red

wave 2 is likely meeting its end at the .02 support

given the history of price attraction to the 18 MA LOWS in black

it is likely that this will be used as support for the wave 3 continuation

wave 3 should be longer than wave 1 and should likely break the red trend limit line

if price begins to find itself below the 18 MA LOWS it could mean waiting until next June for another attempt

all opinions at this point

not trading advice

any Utrust fans out there?

they seem to be delivering the systems that crypto needs for integration into the financial world

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