Also good potential for longs. But, unlike ETH, I do not expect ATH here.
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Now this looks like a ready to go setup for long. Which is contrary to BNB now, but this is superior time frame and coin. I'd rather bet on this.
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Decent irregular is forming. I suppose, 22800-24800 will be the area where price will bounce back.
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Waiting for wave 5
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Thought it would turn onto a triangle. But no, 22800-24800 target is atcive for longs
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On the daily chart I think it is more likely that a triangle will form. Which, in turn, is great, because this will prove the notation. In terms of that we are in a global down trend started in November 2021
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Triangle didn't work. The structure is so complex, that I was not even following it. Anyway, now it is on the way to 50k.
I expect wave B to be deep (yo 19k) and long.