Continuation from last WAVE ANALYSIS, it has completed triangle correction of WAVE4 and it is now way down to next support line which will be end of wave 5 seeming around $0.6 ~ 0.8 level for accumulation of money.
Trade ist aktiv:
Critical Dates are labelled with vertical lines in Amber and Red, Amber being the watch date while Red is date of action.
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Strongly recommend studying the trend with MFI and Chaikin Money Flow(CMF)
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All WAVES and Dates have been figured out using CMF and MFI + Fibonacci retracement and timezone
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Confirmed the breakout from triangle correction, towards the new support line and unless there are huge amount of volume coming in with accumulation, share price will drop no matter what.
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Thus, this marks the beginning of WAVE 5.