Alikze »» TAO | Scenario 3 or C bullish - 1D
🔍 Technical analysis: Scenario 3 or C bullish - 1D
- In the analysis presented in the previous post on the daily time frame, it was noted that the
TAOUSDT AI in the supply zone can have two movement paths.
- Considering that the movement cycle in the supply zone ended and had a correction to the green box area.
- Considering the correction in the green box area and the creation of demand in the range, therefore, the previous movement cycle can be considered as wave 1 and the correction in the green box area as wave 2.
💎So with the recent zigzag correction, theTAOUSDT currency can have a movement cycle in the form of wave 3 or C of the bullish super cycle.
💎Considering the behavior and structure of the movement, it is in wave 3 or C of the bullish.
⚠️In addition, if the price touches the Invalidation LVL area, the bullish scenario is invalidated, the chart should be reviewed and updated again.⚠️
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Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
- In the analysis presented in the previous post on the daily time frame, it was noted that the
TAOUSDT AI in the supply zone can have two movement paths.- Considering that the movement cycle in the supply zone ended and had a correction to the green box area.
- Considering the correction in the green box area and the creation of demand in the range, therefore, the previous movement cycle can be considered as wave 1 and the correction in the green box area as wave 2.
💎So with the recent zigzag correction, the
TAOUSDT currency can have a movement cycle in the form of wave 3 or C of the bullish super cycle.💎Considering the behavior and structure of the movement, it is in wave 3 or C of the bullish.
⚠️In addition, if the price touches the Invalidation LVL area, the bullish scenario is invalidated, the chart should be reviewed and updated again.⚠️
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Best Regards,❤️
Alikze.
»»»«««»»»«««»»»«««
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Morning Star candlestick pattern forming at the bottom of the ascending channel
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