GRASS is bullish!!!
GRASS/USDT 4H Chart Analysis
In this setup, I'm closely monitoring the entry zone marked within the gray box, as I'm expecting a wave 2 retracement based on Elliott Wave analysis. This corrective wave should ideally lead to a reversal, aligning with the continuation of the bullish momentum into wave 3.
Key levels to watch:
The potential 0.618 - 0.786 Fibonacci retracement zones for wave 2, leading to wave 3 targets between $6.02 and $8.15.
Final wave 5 target at $11.96, which aligns with the 1.618 Fibonacci extension.
The market sentiment and structure remain favorable for another pump, provided we hold the entry zone.
I'll update as the price action unfolds.
In this setup, I'm closely monitoring the entry zone marked within the gray box, as I'm expecting a wave 2 retracement based on Elliott Wave analysis. This corrective wave should ideally lead to a reversal, aligning with the continuation of the bullish momentum into wave 3.
Key levels to watch:
The potential 0.618 - 0.786 Fibonacci retracement zones for wave 2, leading to wave 3 targets between $6.02 and $8.15.
Final wave 5 target at $11.96, which aligns with the 1.618 Fibonacci extension.
The market sentiment and structure remain favorable for another pump, provided we hold the entry zone.
I'll update as the price action unfolds.
Trade ativo
hit the 0.382 now we going moon!
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.