RARE / TetherUS PERPETUAL CONTRACTPenjualan
#RAREUSDT - Rise Didn’t Get Confirmed, Is the Game Over ?
Hey there, everyone! I’m here with the popular coin of the moment, #RAREUSDT.
I’ve already explained it on the chart, but let me briefly summarize. The 5th wave in the Elliott count failed during the uptrend, meaning the rise didn’t get confirmed. In the next attempt, it formed a double top pattern, signaling that the uptrend didn’t get confirmed and is now over. There’s a slight chance we might see a death cat bounce pattern around the 0.085 level, with a short bounce towards the 0.095-0.096 range.
But let’s not forget, “Don’t catch a falling knife!” everyone... Every rise should be seen as a selling opportunity, and that’s where I’ll end my analysis.
What do you think about my analysis? Drop your thoughts in the comments and let’s discuss!
Manage your risk, stay in the game! 🎯🔥
#AlyAnaliz #TradeSmart #CryptoVision #RAREUSDT
I’ve already explained it on the chart, but let me briefly summarize. The 5th wave in the Elliott count failed during the uptrend, meaning the rise didn’t get confirmed. In the next attempt, it formed a double top pattern, signaling that the uptrend didn’t get confirmed and is now over. There’s a slight chance we might see a death cat bounce pattern around the 0.085 level, with a short bounce towards the 0.095-0.096 range.
But let’s not forget, “Don’t catch a falling knife!” everyone... Every rise should be seen as a selling opportunity, and that’s where I’ll end my analysis.
What do you think about my analysis? Drop your thoughts in the comments and let’s discuss!
Manage your risk, stay in the game! 🎯🔥
#AlyAnaliz #TradeSmart #CryptoVision #RAREUSDT
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.