KLAY/USDT is doing an impressive move! If we Deploy the Elliot wave principle, we can understand that the five impulse waves has been completed and the price is now in correction. the first correction wave (A) is completed and the second and third expected correction waves can happen like the picture shown in chart. There are also divergences on both MACD and RSI which strenghten the formation of the second correction wave and after finishing the correction the continuation of the bullish trend. (as you might know after finishing all of the Elliot waves the trend can easily continue weather It's bullish or bearish.)
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Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
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