Hello everybody
According to the chart you can see the price want to drop more , we have 2 scenario for this movement of price
1st : After rally finished we need ABC of elliott and according to that we completed AB of correction and we are in Wave C and it can drop more to prz level
2nd : The Correction was finished and now we made wave 1 and we are in...
". There is a possibility of temporary retracement to the suggested support line (0.1419).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. RVNUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is...
". There is a possibility of temporary retracement to the suggested support line (0.1419).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. RVNUSDT is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is...
