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Surfing the Pulse Wave: Predicting High Tides and New Heights

Rejoice, fellow crypto enthusiasts! 🥳 We've landed our perfect entry point—the price elegantly dipped right into the red box we mapped out in our previous post. (https://www.tradingview.com/chart/PLSUSDT/L7v4WQtl-The-Power-of-0-5-A-Comprehensive-TA-of-PLS-USDT/).

Now, onto some thrilling progress! 🚀 We've broken through that stubborn first and monthly resistance level. It's an intriguing story: it started as our support, was then breached to become our resistance, and now, we've conquered it again. All we need is one more daily candle to close above it, and we can celebrate a confirmed breach—a testament to the power of High Time Frame (HTF) candle analysis. 🎉

Are you set with your first Take Profit (TP) point? It should ideally be perched at the 0.5 line or near the first weekly resistance plus Value Area High (VAH) level. Here's where I'm predicting a bit of drama—a retracement before the next significant price move, up or down. The suspense is building, isn't it? 😏

Now, keep your charts at the ready—I've marked out some fresh levels for you to highlight. And let's not forget to marvel at the respect these levels command! 🧙‍♂️ It's pure magic—just tune into the 15 min - 1 hour charts and observe how price reacts at these pre-determined levels.

Here's a little cherry on top—I'm going to venture a prediction. By the time we hit "wave 3", we'll be popping champagne to a new All-Time High (ATH) before we see in 2024. Exciting times lie ahead! 🥂

One thing to note about our 'wave 3' – it's not an Elliot wave in the traditional sense. We're actually deploying a medley of tools to pinpoint this confluence. This wave represents the exciting juncture where various analytical strategies harmonize, providing us with a potent prediction. Imagine if we do get a retracement right at that point—wouldn't that be quite the thrill? 😎

here's a crucial heads-up – you'll spot two 'wave 3's on the chart provided. To locate the one we're focused on, simply scroll on the side and drag until you find the 'wave 3' nestled under a green box.

I hope you're finding these analyses engaging and informative. Keep those crypto smiles on!

Trend Analysis

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