RAREUSDT
rare/usdTesting/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. This is what I mean when I say a coin is too new or doesn't have enough data. I can't just predict wave counts without a previous trend, with that being said; Here's an attempt to chart one lol
RareVery good opportunity to get in early before metaverse coming live. I believe this rare token will go much higher in value for long term investment, at least 1-2 years, But once it does create strong impulse upside then we can buy from the demand zones,
It just started to break the structure more play of price action will give us an edge to enter.
RARE/USDT { SUPERRARE } - BULLISH SETUPANALYSIS 🔎
- RARE/USDT is bounded in the falling wedge pattern.
- A falling wedge pattern is a bullish reversal pattern.
- There's a breakout potential above the falling wedge resistance
BUY ENTRY ⬆️
- Market entry: current market price.
- Stop limit entry: breakout above the falling wedge's resistance.
- Limit entry: test of the falling wedge's support.
TARGETS 🎯
- Horizontal resistance level (@2.049).
- Horizontal resistance level (@2.150).
- Horizontal resistance level (@2.500).
- Horizontal resistance level (@2.761).
SETUP INVALIDATION ❌
- Breakdown below the falling wedge's support.