ATOM/USDT – Leading diagonal bullish bearish scenario

ATOM/ISDT – Leading diagonalBearishBullish Scenario

For this graph, We use Elliott Impulse Wave (12345) with eclipse tools

Elliot wave correction ABC and pitchfork tools MaCD

On this graph, we saw perfect leading diagonal Bullish Scenario

Verdict:

We open risk, Good buy at $2.9 – $2.850

Stop loss at $2.6 – $2.5 Blue buttom

first target $3.2 – $3.4 – $3.5

This is assuming that the BTC is still at $8k above

The Diagonal. Leading diagonals “lead” a 5-wave pattern (or the first part of a zigzag ) — hence they appear in the wave 1 position. Ending diagonals “end’ a 5-wave pattern — hence, they appear in the wave 5 position (or tail-end of a C-wave )

Remember TECHNICAL ANALYSIS is all about probabilities and based on previous market performance(not all about certainty)

Disclaimer: This is for educational purposes,it is not intended as a financial advice.

The analyst won’t be responsible for a loss of fund. Trader should be able to manage risk.

#Trend Analysis

#Chart Patterns

#Wave Analysis

Support us on our facebook page: https://www.facebook.com/BlockchainDCT/

We accept any kind of donation please help our community

ETH: 0xbe761779a9063be8f9856424cd12d58bb8e25e06

Thanks a lot!

Buy a Crypto Miner

AdSense