Alikze »» ADA | The scenario of wave 3 or C rising super cycles
2024-05-03

According to the analysis of the previous post that was presented in the 8h time, according to the cup pattern, it made a growth as high as the height of the pattern valley, after which it encountered supply.
💎  But in the weekly time, due to the fact that it created a reliable floor in the golden zone of the previous wave, it faced demand.
💎 Currently, this return wave can be a pullback to a broken structure and a swing, which should meet good demand in the 39 cents area.
💎 First scenario: Therefore, according to the structure and movement behavior, it can have the first target of 0.8789 to 0.9766 by maintaining the green box area.
💎 Alternative scenario: if the range of 39 cents is broken, it can retest the floor of the range of 23 cents again.
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