RobinG

SUBETH - Extended wave 5 Count

Long
BINANCE:SUBETH   None
Looks like SUBETH has had an extended 3rd wave, and followed it up with an Extended 5th wave.
Currently undergoing 4th wave correction on wave 5.
It already touched on the 0.382 correction line, but could drop to sub 0.5 as the peak of wave 1 is still some ways underneath.
Possible correction target of 0.00117 to 0.00126. Unlikely to drop below 0.00117 - otherwise this count is invalid.
After that, If it follows a 1-1 extension of the 1st wave of wave 5, it will land somewhere around 0.00132.
If it follows the wave 3 length it could land as high as 0.00139.

Planned Entry 0.00121
Stop - 0.00116
Exit - 0.00132 to 139
RR Low - 11/5 = 2.2
RR High - 18/5 = 3.6

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