COLLECT Has Entered a Bullish Phase (4H)

Wait 5 sec.

COLLECT Has Entered a Bullish Phase (4H)COLLECT / TetherUS PERPETUAL CONTRACTBINANCE:COLLECTUSDT.PbehdarkFrom the point marked by the green arrow on the chart, it appears that COLLECT has entered a bullish phase, which should develop as at least an ABC structure. Wave A has been completed, and price now appears to be in Wave B, which looks like a double correction. The first part is a Zigzag, while the second part appears to be a Symmetrical pattern. If this Symmetrical structure is indeed the second leg of the correction, one more corrective wave is likely to form into the highlighted green zone, completing Wave B before price begins the bullish Wave C. We will be looking for another buying opportunity within the highlighted green zone. The targets are marked on the chart. A daily candle close below the invalidation level will invalidate this analysis. If you have a coin or altcoin you want analyzed, first hit the like button and then comment its name so I can review it for you. What do you think? Is COLLECT bearish?