Technical analysis by muraatboyraz about Symbol AR: Buy recommendation (11/15/2024)

muraatboyraz

I tried to label the last impulse movement and correction wave we made. Correction movement can also be labeled as complex (WXY). This situation does not affect the current count. The correction movement seems to have reacted by falling slightly below Fib: 0.5. If we ensure the continuity of this reaction in the low time frame, we will have planted the first seeds of a possible 3rd wave. I said that I would follow the movements as they progress. There does not seem to be any problem at the moment. *As a tip: Under normal conditions, corrections can be expected to occur deeper, but in cases where the trend is strong, even Fib: 0.382 levels can be sufficient for correction. The community's statement of 'It progressed without giving a buying opportunity' stems from strong trends. The continuity of the movements of altcoins is directly related to the BTC.D and ETH parities. Do not forget to follow these parities with the altcoins you follow. I will update my opinion in any possible scenario.