Hello. It seems that if there is a desire to buy and HODL Pulkadat, the best time is after the failure of the descending microchannel and Pullback and seeing the signs of increase in the daily time frame with two stages of loss below the previous major pivot and the same pivot is forming. Is it possible to say that the blue ascending channel is valid without having two roofs and one floor? Perhaps given the other levels, the answer is yes with a little optimism. Also look at Fibonacci retrieval levels. Polkadat seems to have completed its second big wave in the form of a flat pattern with a reaction to 50% and 38.2% Fibonacci. Indicators show a normal positive divergence between the previous pivot major and the current point in the weekly time, while there is also a normal positive divergence between the current point and the previous valley in the descending channel. With the help of Fibonacci ratios in Elliott style wave counting and the rules of harmonic patterns, the specified targets may be valid, but it remains to be seen what will happen in the future ...
Chart PatternsElliott WaveTrend Analysis

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