Let's take a look at the daily chart. Here we can see that price has already completed 4 waves of 5 of the Elliott waves cycle. Wave 4 is the triangle shaped, that's why it has not even reached the 0.38 Fibonacci retracement. In our opinion it's finished and now it's time for the wave 5, which has the target approximately at 7%. When we will see divergence with AO and green dot on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] it can be the historical moment when the price will show us the reversal#GT 2024 Q4 Burn Completed #F1 Speed Racing, Share $50K #Which Coins are You Bullish on for March?
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Let's take a look at the daily chart. Here we can see that price has already completed 4 waves of 5 of the Elliott waves cycle. Wave 4 is the triangle shaped, that's why it has not even reached the 0.38 Fibonacci retracement. In our opinion it's finished and now it's time for the wave 5, which has the target approximately at 7%. When we will see divergence with AO and green dot on the Bullish/Bearish Reversal Bar Indicator [Skyrexio] it can be the historical moment when the price will show us the reversal#GT 2024 Q4 Burn Completed #F1 Speed Racing, Share $50K #Which Coins are You Bullish on for March?