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ABU_Yamen
--
الياس
·
--
$NEIRO
#تصحيح
#هبوط
#الفرق
When do we say correction: when the price drops to a maximum of two-thirds of the wave
When do we say in decline: when the drop exceeds two-thirds of the wave

Is the Niro in correction or in decline?
Let’s calculate it:
It rose from the last bottom at 0.000138
to the highest peak at 0.00071
What is the length of this wave?
Its length by subtraction is 0.00071-0.000138 = 0.000572
How do we know it has exceeded two-thirds?
We know it through division
0.000572 ÷ 3 = 0.000190 this is considered one-third
0.000190 × 2 = 0.00038 and this is the two-thirds
Now to find the value of the decline, we perform the subtraction of the highest peak minus the two-thirds as follows 0.00071 - 0.00038 = 0.00033 and this is the price approximately at the maximum limit of its decline.
And in our example now with the Niro, the price is at 0.00026, and therefore it has exceeded two-thirds and we no longer talk about something called correction, but rather the price is in decline, fall, and destruction of homes, and peace be upon you.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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