The bounce from 0.00007490 has the characteristics of an impulsive wave with a high 0.00012865. After this rally, the price falls in the ABC three-phase straight correction to the level of 61% Fibo at the level of 0.00008180. In addition, the price at the end of the downward wave draws a clear wedge, which is expected give an impulsive breakout.
Target levels for the impulsive breakout are 0.00012237 and in the case of extension level 0.00020225. Assuming such a scenario, with SL under 0.00000749, the risk-to-risk ratio is 5: 1, which is why it is a pretty decent trading setup.
Breaking the 0.000007490 level invalidates the impulsive upward scenario.
TREND and IMPORTANT LEVELS:
Main trend: DOWN
Intermediate trend: DOWN
Daily trend: DOWN (possibility of a breakout from the wedge after correction and reversing the trend)
KEY LEVELS:
- for further increases - level 0.00012865
- for continuing correction - level 0.00009098
- for continuation of decreases - 0.00008180
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Kommentar
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After the complex and time-consuming correction in the wave (B), changed from the wave (2) due to the violated low, the VIBEBTC cryptocurrency begins to do something constructive in the end. Targets on chart.
So many things have to happen for this call to pan out though. Your analysis is backed up and thats appreciated. But crazy optimistic dude.
The “extension level” of 20225 sats? I understand you describe it as just a possibility. But it’s already in your chart-not on an update. And you added the “extension level”s correction and impulsive breakout to the chart in the stratosphere but don’t even mention it in your analysis. Filling newcomers with false hopes.
12865 is as far as you should predict is my opinion. Everything after is really beyond logical analysis with too many degrees of speculation.
—I still like the call. Just don’t like crazy mon calls for click bait.
Why you don't update some new charts for the price nowadays? I think everyone who bought VIBE by checking your analysis just like me is waiting an explanation.
Leon1997
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very good time to get in!
mohitfrequent
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is this trade still active?
what if btc goes down?
The “extension level” of 20225 sats? I understand you describe it as just a possibility. But it’s already in your chart-not on an update. And you added the “extension level”s correction and impulsive breakout to the chart in the stratosphere but don’t even mention it in your analysis. Filling newcomers with false hopes.
12865 is as far as you should predict is my opinion. Everything after is really beyond logical analysis with too many degrees of speculation.
—I still like the call. Just don’t like crazy mon calls for click bait.