🛑A big dump in $CROSS is coming. The last wave 5 is forming an ending diagonal. IMPORTANT UPDATE CROSSUSDT 🚀
🔸 How are you all? So today I brought you an update on CROSS from Elliot wave strategy. So far, we have been given a confirmation on the bearish side of the 1 HOUR chart. According to Elliot, the first wave we have is the impulse wave or motive wave, which I have marked in red. The second wave is the correction, which I have marked in blue. A complete wave requires 8 waves. According to the rules, this is complete. So according to the fib level, you can see the first bullish entry that I took at the 0.11916 price level. The 3rd wave of the corrective wave is currently filling. If you take the 15 min chart, you can see that the sub wave 5 is filling according to the motive wave. So our bearish entry is the end of this ending diagonal. According to my calculations, our Point (T) or bearish entry price is 0.14800 price. A reversal pattern will be formed below here and dumped. You can place a limit order from the area I mentioned. See you again with an update like this. Have a nice day.
