TURBO shows the i-ii 1-2 wave structure I flagged is now playing out as expected. Here's what to watch: Setting a stop-loss below the wave-2 low makes tactical sense for risk management. The key breakout level to monitor is the descending trendline—if price breaks above it decisively, expect a direct rally with only mild pullbacks along the way. This setup offers a favorable risk-reward for longs positioned at the right entry point.

TURBO-1.99%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • Repost
  • Share
Comment
0/400
ChainWallflowervip
· 01-05 17:53
This pattern is indeed quite textbook-like; now it's just a matter of whether it can break the trendline.
View OriginalReply0
PretendingSeriousvip
· 01-05 01:54
Turbo's move this time is truly textbook-level. The i-ii structure is well-formed; now it's just a matter of whether it can break through that downward trend line.
View OriginalReply0
LiquidationWatchervip
· 01-05 01:51
It looks like another wave of classic Elliott Wave theory hype... To put it nicely, how many can actually buy the dip?
View OriginalReply0
0xSherlockvip
· 01-05 01:46
Wait, can we really trust this chart? I've seen too many times where I got trapped...
View OriginalReply0
VibesOverChartsvip
· 01-05 01:39
This wave of turbo movement definitely has some substance; just waiting for the resistance above to be broken through.
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)