SNX Stakers Beware, Nearing 5 Up, Ready For Deep Correction
This follows my bearish outlook for BTC and XRP, most everything.
We are close to completing 5 up from the very beginning...meaning a DEEP 2nd wave correction is near. The likely stopping areas are noted, log Fib levels. We could still hit $11 area prior to topping.
This is the weekly chart, so nothing happens overnight, it's just something to be aware of and the depth.
We are close to completing 5 up from the very beginning...meaning a DEEP 2nd wave correction is near. The likely stopping areas are noted, log Fib levels. We could still hit $11 area prior to topping.
This is the weekly chart, so nothing happens overnight, it's just something to be aware of and the depth.
ملاحظة
One more down/up could complete 5 waves up for SNX. If so, lookout below. BTC dropping 7K "straight" down also tells us a top is near.ملاحظة
It's possible to see 5 up for wave (i), complete....now working on wave (ii). This also matches the Head and Shoulders pattern and a series of 1/2 1/2 setups in BTC, on the H4 chart.أغلقت الصفقة: تم الوصول للهدف
ملاحظة
My bearish outlook has changed, only based on BTC and others. That said, looking at this chart only, I see $1.15 as a shallow target. I no longer pay too much attention to SNX and will close this.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.