POLISUSD (Cryptocurrency) - ELLIOT WAVE ANALYSIS

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Intermediate wave (2) has already retrace 61.8% of Intermediate wave (1). It also has completed a three wave structure downward ABC, hence; I believe Intermediate wave (2) has already completed and we are now approaching Intermediate wave (3) - which I expect it to reach at least new all time high.

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ملاحظة

- Turns out Intermediate wave (2) is a Non-standard correction (ABCXABC).
- Stop loss is set at the new low of around $6.
- Personally, to me the upside are endless with a limited downside; therefore, it has a good risk reward ratio.