Long

Possible Buy Oppurtunity RISE (RISEBTC)

By Zozoet
Updated
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
Comment
Breakout confirmed, I bought @ 7000.

If you buy now, put stop-loss at 8000.
Target: 17000
Comment
Wait for the next buy oppurtunity around 7000
Trade active
New Uptrend channel after the breakout

snapshot
RISERISEBTCTrend AnalysisWave Analysis

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