Hello again!! First of all I want to thank everyone for the support, the likes and the tips.
I am very encouraged to continue doing technical analysis.
Well, let's go with the analysis:
It looks like we are having a powerful pump. These waves are a bit weird, but they do meet the values ​​for acceptance.
In the yellow line, for example, we can see how the backward movement of wave (4) does not exceed 0.382, nor does it do so in the pink line in the correction.
In addition, in the wave (5) Yellow which is also characterized by having a strong increase in volume.
In the upward movement and in the downward movement, the two waves (2) have a 0.5% retracement, which makes the wave confirm.
The two waves (3) reach an extension of 1.68% which confirms again.
Wave (A) painted in green has reached the retracement of the golden ratio, which confirms again.
To confirm the waves (B, and C) you have to wait for the daily candle to finish, and see if it is possible to confirm the movement or wait for new candles to approve.
At the moment this is all. I will continue to monitor the price and see possible movements in and out.


 

This is not an investment advice, it is only my analysis, I do not recommend that you trust my projection since I am not a financial advisor.If you liked the analysis and want more articles like this, you can leave a comment in the box below, you can also give a tip and you will be collaborating and keeping the spirit of the person writing.
Thank you very much for reading the article, I really appreciate the comments and being in contact with other people who have the same interests ...
Many greetings and good profit for all.

I invite you to see my other technical analysis of this week:

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