✳️ FetchAI Perfect Wave Count + Volume & Other Signals
It might be "too early" but I am seeing here a perfect bullish impulse followed by a classic correction, this is matched by decreasing volume on the correction and hidden bullish divergence on the RSI.
This whole structure/pattern can lead to a new impulse, a 1,2,3,4,5 bullish wave, which would be the third wave of a higher degree.
The revealing signal truly is the volume.
It was rising as prices moved up and dropping as prices moved down, confirming the impulse/correction relationship.
In any case the risk is low and the upwards potential strong. This is not financial advice.
Additional details on the chart.
Namaste.
This whole structure/pattern can lead to a new impulse, a 1,2,3,4,5 bullish wave, which would be the third wave of a higher degree.
The revealing signal truly is the volume.
It was rising as prices moved up and dropping as prices moved down, confirming the impulse/correction relationship.
In any case the risk is low and the upwards potential strong. This is not financial advice.
Additional details on the chart.
Namaste.
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lamatrades.com (Since 2017)
🏆 Results: t.me/alansantana1111/5935
🥇XRP +1950 🥇ADA +2216% 🥇AVA +536% 🥇AAVE +417%
t.me/alansantanatrades/971
🔝 Cryptocurrency Technical Analysis
followalan.com
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