SPS's going to Wave3? Target?

in Splinterlands3 years ago

I try to use time frame 8 hr. for more information. And back to see behavior of this coin.......

information from GATE.IO

graph1.1.png

Trend reversal at point 2

  1. Fibonacci is in the Zone 61.8% -78.6%
  2. It clearly showed RSI Bullish divergence to Price

graph2.png

Let's Zoom in

graph2.1.png

At the Top of $0.9 is clearly showed RSI Bearish Divergence to Price

Then Focus on present !!!!

AT the buttom about $0.36-$0.47 is also in the Zone of Fibonacci is in the Zone 61.8% - 78.6%
and the Sign of RSI Bullish divergence to Price is also noticed

It has 3 Possible way

1: Price back to Zone 61.8%-78.6% again $0.36-$0.47 If go through more than $0.36 should be consider to CUT loss and reanalyze...

2: Price back to Zone 61.8%-78.6% again $0.36-$0.47 before to Wave 3

3: It's alraedy Trend reversal go to Wave 3

What is the Target of Wave 3?

graph3.png

ZOOM In

graph3.1.png

IF assume the reveral preice about $0.36 at 78.6% Fibo
.
.
The Possible Target price at 161.8% Fibo around $1.48 !!!
(I do believe that is the possible target soon.)

Notice: this only persernal openion.It is not for financial investment.

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