Long
Possible Buy Oppurtunity RISE (RISEBTC)
The 5 wave uptrend elliot wave has been finished, it is now correcting. We do not know if C is reached yet. Therefore, I buy when it breaks out of the channel or it reaches the end of the falling wedge.
Will determine targets once this trade becomes active
Will determine targets once this trade becomes active
Note
Breakout confirmed, I bought @ 7000.If you buy now, put stop-loss at 8000.
Target: 17000
Note
Wait for the next buy oppurtunity around 7000Trade active
New Uptrend channel after the breakout
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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.