AI16Z ANALYSIS (4H)
AI16Z ANALYSIS (4H)
AI16Z / TETHER COINEX:AI16ZUSDT
The AI16Z symbol appears to be within a large diametric pattern, currently at the end of wave E.
For a rebuy, it’s crucial to execute this on a support zone, especially for assets that have experienced significant pumps.
Based on the structure, if the price reaches the entry zone, we can look for buy/long positions around the green area.
The target could be the top of wave E, but if you achieve reasonable profit, consider securing your gains.
A daily candle close below the invalidation level will invalidate this analysis.
For risk management, please don’t forget stop loss and capital management
Comment if you have any questions
Thank You
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