The expected path for the #KSMUSDT digital currency on the four-hour timeframe
Expected correction 📉
🧐 It seems that the downward momentum is beginning to fade, as the pair may have completed the details of the third impulsive wave within a larger impulsive movement. 👌
⏫ Based on this, a bullish corrective movement is expected through the formation of the fourth wave, which could take any corrective shape. Since the second wave previously formed as an expanding flat with a deep correction, the fourth wave is likely to develop in a sideways pattern ( such as a triangle or a flat ). 📐
👀 Generally, Fibonacci levels from 38.2% to 50% are the expected zones for this correction. After that, if the bearish trend is confirmed again, the levels shown on the chart represent potential targets for the next move. 🎯 #AltcoinDivergence #KSM $KSM
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BasheerAlgundubi
· 21h ago
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👀 Generally, Fibonacci levels from 38.2% to 50% represent the expected zones for this correction. After that, if the downward trend is confirmed again, the levels shown on the chart represent potential targets for the next move. 🎯
The expected path for the #KSMUSDT digital currency on the four-hour timeframe
Expected correction 📉
🧐 It seems that the downward momentum is beginning to fade, as the pair may have completed the details of the third impulsive wave within a larger impulsive movement. 👌
⏫ Based on this, a bullish corrective movement is expected through the formation of the fourth wave, which could take any corrective shape. Since the second wave previously formed as an expanding flat with a deep correction, the fourth wave is likely to develop in a sideways pattern ( such as a triangle or a flat ). 📐
👀 Generally, Fibonacci levels from 38.2% to 50% are the expected zones for this correction. After that, if the bearish trend is confirmed again, the levels shown on the chart represent potential targets for the next move. 🎯
#AltcoinDivergence
#KSM
$KSM