🚨♾Meta Platforms(META)♾ will Go Down at least ➖20%🚨

🏃‍♂️♾Meta Platforms(META)♾ is moving near the 🔴Resistance zone($332-$315)🔴.

💡Also, we can see Regular Divergence (RD-) between two consecutive peaks.

In terms of Elliott wave theory, the Meta Platforms(META) seem to have completed the main wave 3 at the 🔴Resistance zone($332-$315)🔴 with the help of the Expanding Ending Diagonal Pattern.

🌊It is interesting to note that in the middle of main wave 3, the main Bullish Long Island Pattern can be seen, which confirms our wave count.

🔔I expect the Meta Platforms(META) to lose at least ➖20% of its value after breaking the lower line of the Expanding Ending Diagonal and reaching the 🟡Price Reversal Zones(PRZ)🟡, Support line(1) and 🔵200_SMA(Weekly)🔵.

📚If you want to know about the types of Gaps, you can read the following article.👇

Meta Platforms( METAUSD) Analyze, Daily time frame⏰.

Do not forget to put Stop loss for your positions (For every position you want to open).

Please follow your strategy; this is just my Idea, and I will be glad to see your ideas in this post.

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تعليق:

A closer look at the META in the 4-hour time frame, it seems likely that the META will touch the resistance zone again and then fall.

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Target Done: META was able to touch the lower line of the expanding ending diagonal.

If META touches the $350, We can expect higher numbers than that.