TradingView
alikze
Mar 7, 2024 11:04 PM

Alikze »» RAY | Failure of the supply area Long

RAY / TetherUSBinance

Description

In the weekly time, after a complex correction in the limit of 0.13, after the bottoming, it left the density and broke the first supply zone with a kinetic wave, and completed the supply zone with a three-wave pullback correction, and now it can Continue another kinetic wave to the specified areas.
⚠️If the green box area is lost, the transaction can be reversed. Therefore, be sure to pay attention to this point.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
»»»«««»»»«««»»»«««

Comment

88% growth.

Comment

Considering that it has broken the supply range, this correction can be a pullback to the broken area. If it is supported in the green box area and maintains the range of 1.56, it can retest its previous ceiling and after its failure, we should shift its support to the range of 2.30.
Comments
ronakio1
How low do you think it will drop?
alikze
@ronakio1, I updated the post.
ronakio1
Well done sir. You absolutely nailed this trade!
alikze
@ronakio1, Thx Dear.
More