RVN/BTC - Leading diagonal - Bullish Scenario

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


Verdict:


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.




#Trend Analysis


#Chart Patterns


#Wave Analysis


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COMMENT

17

Bitcoin Bee Reporter
08 Oct

This is already invalid and they already hit below the blue buttom. 

0 REPLY

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