From the point where we placed the red arrow on the chart, the RARE correction has begun.
It appears that we have a double correction on the chart, and now the second phase of this correction has started.
After the completion of wave X, a supply zone has formed, which seems to act as the price ceiling for RARE.
As long as the red box holds, we expect a downward correction.
A daily candle closing above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
It appears that we have a double correction on the chart, and now the second phase of this correction has started.
After the completion of wave X, a supply zone has formed, which seems to act as the price ceiling for RARE.
As long as the red box holds, we expect a downward correction.
A daily candle closing above the invalidation level will invalidate this analysis.
For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You
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✅ Join our Telegram channel to succeed in crypto trading.
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
💎Our CRYPTO Telegram Channel: 👉 t.me/Behdark_EN
💎Our FOREX Telegram Channel: 👉 t.me/FX_Behdark
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
