Inverse H & s completed at $2.27
Hope you got in.
It was a good "entry point". But today's market correction also allows you to successfully invest in Цaves. Today's price is $ 2.42.
$3.35 tonight, complete right shoulder $2.9 then $6+
After this w3 impulse it's a macro economic play which can cause deep retracement sub $2 if overly negative as was 2020 or shallow retracement mid $2 if positive.
Overleveraged waves in the present is risky for liquidation in w4. Not so easy to time exit.
Wave 5 will be above $50, possibly triple digit if everything goes according to plan which it may or may not because this is a high risk investment instrument.
Do you have chart for your analysis?
I don't see inverse H&S. I can see double bottom, maybe triple bottom, but both are broken now. Some Fibonacci levels might happen.
Macroeconomic analysis and connection with coins makes no sense to me at all despite the facts that many articles are trying to find such relationships.
Momentum is very slow I expected a stronger push upwards, any bad macro news will draw down markets with waves sub $1.
