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#Rlc about to moon!! Wave 3 #iexec

724

Rlc breaking out of the falling wedge and has started another impulsive wave sequence.
Wave 1 was till 0.0002555
Wave 2 was a 50fib retrace
Now if we get a break above Wave 1 high at 0.0002555, then we can have a full 1-5 EW sequence with Targets:

Wave 3 Target: 0.000278-0.000279 (taking as 1.618fib extension of wave 1)
Wave 4 retracement till 38.2fib: 0.000260-0.000261
Wave 5 Target: 0.000295-0.000300 (taking as 1.618fib extension of wave 1)
Not
We didn't get a break above Wave 1 high at 0.0002555, as btc's drop after making a double top around 8500, completely derailed the wave 3 progress for #RLC

this setup is now invalidated.
Not
ekran görüntüsü
Not
#rlc update: Bullish & Bearish view #iexecrlc #rlcbtc #crypto

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.