In the practical application of wave theory, it is generally not possible to directly use candlestick charts at the weekly or monthly level, attempting to predict the future solely based on the existing few candlesticks. It cannot be said that it is impossible, but the difficulty is very high.

On one hand, it is difficult for us to distinguish whether the few existing candlesticks are trend waves or non-trend waves.

On the other hand, waves are divided into visible waves and non-visible waves. The waves formed by the candlesticks we can see are not all of them.

A large portion of the waves (the waves before the issuance of the coin) are unobservable. Waves can not only predict the future but can also backtest the past. The past of anything does not only start from its birth; the 'cause' existed before the thing was born.

$OP This coin is not bad, and the fundamentals are also okay. The three-wave adjustment that started on March 7, 2024, has lasted for a year and a half and is basically announced as over. The worst result is just a downward c-wave followed by a small extension, but it will not disrupt the completion of the adjustment wave. The first take-profit point is 2.2, which is the red area, estimated to last for half a year. #波浪理论