API3USDT - Opportunities for long pos
Hello, everyone!
In today's review, the trading plan for the API3USDT derivative.
If you pay attention to the logarithmic scale and the structure of waves for the medium-term, it is quite possible that the price correction from the historical maximum (about $10) could have ended.
Locally, an upward momentum was formed in a presumed wave A or 1, after which a correction was also formed.
The risk that the price could once again fall to the established low still remains.
I am determined to win back the upward momentum in wave 3 or C by gaining a long position; and I expect price to recover to at least $3.5-$4.
A conservative method of opening a long position is to wait for the completion of the local wave 1 and the formation of a correction in wave 2, then open a position on a breakdown of the maximum of wave 1.
I wish you good luck!
In today's review, the trading plan for the API3USDT derivative.
If you pay attention to the logarithmic scale and the structure of waves for the medium-term, it is quite possible that the price correction from the historical maximum (about $10) could have ended.
Locally, an upward momentum was formed in a presumed wave A or 1, after which a correction was also formed.
The risk that the price could once again fall to the established low still remains.
I am determined to win back the upward momentum in wave 3 or C by gaining a long position; and I expect price to recover to at least $3.5-$4.
A conservative method of opening a long position is to wait for the completion of the local wave 1 and the formation of a correction in wave 2, then open a position on a breakdown of the maximum of wave 1.
I wish you good luck!
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