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ATOM/USDT - Leading diagonal bullish bearish scenario

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BINANCE:ATOMUSDT   Cosmos / TetherUS
ATOM/ISDT - Leading diagonal - Bearish Bullish Scenario

For this graph, We use Elliott Impulse Wave (12345) with eclipse tools

Elliot wave correction ABC and pitchfork tools MaCD

On this graph, we saw perfect leading diagonal Bullish Scenario

Verdict:

We open risk, Good buy at $2.9 - $2.850

Stop loss at $2.6 - $2.5 Blue bottom

first target $3.2 - $3.4 - $3.5

This is assuming that the BTC is still at $8k above

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-wave)

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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Dagangan aktif:
Sorry bottom.
Dagangan ditutup secara manual:
target done, Invalid and re-create new graph
Komen:
Target C and D reach but E not yet. this is invalid
Penafian

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