(#UNIUSDT ) 🇺🇸

A look at the waves on the hourly time frame

The fourth wave is currently forming.

🧐 The price is expected to move sideways 🔀, as this corrective movement may form a triangular pattern, following a strong upward breakout of the sub-waves of the third wave.

✨ After the completion of all sub-waves of the triangular pattern - which may represent the fourth wave - and breaking 🏹 above its upper limit in addition to a key level, we expect this to lead to a positive development that boosts confidence in the upward movement. This upward movement is expected to reach levels of 6.960 - 7.462, reflecting the continuation of the upward trend. 📈

👉 Nevertheless, there is an alternative scenario that suggests the possibility of a deeper correction, where the price may drop to levels ranging between 38.20% and 50% of the previous upward wave levels, as illustrated by the gray line on the chart.
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