Technical analysis by ahmadsaad83 about Symbol KEY: Buy recommendation (4/16/2024)

ahmadsaad83

after the last correction break the Base Channel and entered wave 2 territory, and as I see BTC and ETH not complete there correction wave yet, and the same case with most of the other Crypto, so that mean that the price will go deeper, which make our 5 impulse Wave Idea invalid.KEYUSDT Elliott Wave Technical AnalysisMode: CorrectivePosition: Wave (c) from (X)Direction: Wave (c) is still in playDetails: Wave (c) is still in play which I expected to be end around 0.0046-0.0035 which will be my entry point.Next Direction: next higher Degrees Wave (Y)Target : T1: 0.010775 with 160% profitsT2: 0.0143 with 250% profitsWave Cancel invalid level: Daily closing below 0.002348 with 40% loss.Disclaimer:This analysis is intended for educational and informational purposes only and should not be construed as financial advice. Always conduct your own due diligence and consult with a professional financial advisor before making investment decisions.Binance will remove this pair