🔎 #AR Analysis
The price also consolidated at the lows and formed a pattern of three descending movements, which worked out a little late. After the figure, the price went down at the $5 support. I would like to note that the volumes began to appear after the pattern and after the breakdown, which signaled an imminent upward movement, which was not long in coming. The price formed the first wave of an upward five-wave cycle according to the Elliott📈 theory, which ended at $16.526.
The corrective second wave turned out to be quite short, did not go below the base of wave I, that is, it mainta
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