The Long Investor
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🕑 Added 2025-02-27 16:59:13 +0000 UTCOk we have our lower high now for Wave B and getting a rejection at the 0.38 Fib at $15.47 and the 50 and 200 MA on the 1hr chart, so I believe we are into Wave C of this pull back, as always we look for the 0.618 Fib as our standard pull back support level.
A higher low next is all we need to see and when this comes, we have another opportunity to add.
A higher low would also give me confidence that a next test of the wedge top line will break to the upside.
Nobody should be getting triggered now, we have called this pull back for the last 7 days.
Comments
Luis F
It could be a double bottom. Let’s pay attention at the price around 14.00, reached tonight
toTheMoon🚀📈
0.618 -> money printer gear
ِAbdulmohsen
Thank so much Daniel 🙏🏻
Daniel
when a new low is set, that will signal "C" is complete per the chart. CAP likely has it set at/near the .618 fib level. One it is held and a higher low has been established, "C" will have completed and onto the next leg up we go. hope this helps.
shoeb abbas
Accumulation time to get ready for wave 3 🫡
ِAbdulmohsen
Cap please can you tell the price of wave C where it gonna be ? Under 14 ? Im planning to add .
Issac
No worry here at all with this one. Trusting the chart and the process, Cap🫡
