$CRWD currently shows interesting signals on the chart. To confirm a bottom formation, a five-wave upward movement would be necessary – this would be the classic indication of a developed low point. The price has just tested the 100% extension level, which indicates a critical price zone. Such levels are often turning points for further price development.
View Original
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.
14 Likes
Reward
14
4
Repost
Share
Comment
0/400
SleepyValidator
· 5h ago
100% extension has been tested. Now it's up to whether we can break out of the five-wave pattern; if not, it will just continue to grind at the bottom.
View OriginalReply0
MoonBoi42
· 6h ago
100% expansion test this wave... feels like we should wait for Wave 5 confirmation before taking action
View OriginalReply0
potentially_notable
· 6h ago
Five-wave structure... I've heard this explanation too many times, and every time they say to confirm the bottom, but what happens?
View OriginalReply0
RooftopVIP
· 6h ago
Testing the 100% extension level is indeed a key milestone.
$CRWD currently shows interesting signals on the chart. To confirm a bottom formation, a five-wave upward movement would be necessary – this would be the classic indication of a developed low point. The price has just tested the 100% extension level, which indicates a critical price zone. Such levels are often turning points for further price development.