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
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。