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Cross10XSignals
Jul 2, 2023 4:07 PM

RDNTUSD Elliott wave count 4H 

RDNT / TetherUSBinance

Description

RDNT 5 waves up leading diagonal for wave a/1 and correction into 0.618 fib retracement for a wave b/2.
Price break the 0.3030 pivot of wave b so we can keep the focus up against 0.2813 in a still-extending wave c/3,looking for price to aim for the 1 or 1.618 projection between waves (a/1) and (b/2).
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Comment


We would need to see RDNT advance above 0.2895 to
favor wave ((2)), a flat correction, ended at 0.2609 and will start moving for a wave 3 or C.

Comment


The strength over the last few hours suggests wave (3)
is underway. We're looking for further strength to complete a five-wave up from 0.2609

Comment


We're looking for further to complete a five-wave up

Comment


maybe the 4th wave is over and will start to push up for a 5th wave

Comment


Expecting to move up to complete a 3rd wave

Comment


Expending leading diagonal for wave 1 from wave 3. Expecting an ABC correction for wave 2
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