RVN/BTC - Leading diagonal - Bearish Bullish Scenario
For this graph, We use Elliott Impulse Wave (12345) with eclipse tools
Elliot wave correction and pitchfork tools MaCD
On this graph, we saw perfect leading diagonal Bullish Scenario
We open risk, Good buy at 385-390 Satoshi
Stop loss at 380-375
first target 406-4016
The Diagonal. Leading diagonals “lead” a 5-wave pattern (or the first part of a zigzag) — hence they appear in the wave 1 position. Ending diagonals “end' a 5-wave pattern — hence, they appear in the wave 5 position (or tail-end of a C-wav
Remember TECHNICAL ANALYSIS is all about probabilities and based on previous market performance(not all about certainty)
Disclaimer: This is for educational purposes,it is not intended as a financial advice.
The analyst won't be responsible for a loss of fund. Trader should be able to manage risk.
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Trading & TA
Trading & Technical Analysis