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
Support us on our facebook page: facebook.com/BlockchainDCT/
We accept any kind of donation please help our community
ETH: 0xbe761779a9063be8f9856424cd12d58bb8e25e06
Thanks a lot!
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
Support us on our facebook page: facebook.com/BlockchainDCT/
We accept any kind of donation please help our community
ETH: 0xbe761779a9063be8f9856424cd12d58bb8e25e06
Thanks a lot!
Trade active
Sorry bottom.Trade closed manually
target done, Invalid and re-create new graphNote
Target C and D reach but E not yet. this is invalid
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.