saoraghavendra

saoraghavendra

Reliance made 5 wave downside and now 3 waves upside, before 5 waves down reliance already completed 5 waves up from march 2020 low which is a warning sign and incomplete sequence of zig-zag correction

saoraghavendra Updated 

currently, we can hold bnb with sl of 535 for 5th wave, 4th wave ending diagonal correction done also 3rd wave was <=1.62 of 1st wave so 5th wave might be extended if SL hit will need to rethink about 4th wave correction

saoraghavendra Updated 

try to accumulate if get correction around 65-75, stop loss will be below 62

saoraghavendra Updated 

watching for the breakout of the handle, if hold 0.8usd and gives close above it weekly basis with hight volume then will get confirmation. if it sustains 0.8usd weekly basis potential upside possible even it can make a new lifetime high in a short interval. for now, wait n watch for breakout or accumulate on the dip around (0.35-0.4 USD)

saoraghavendra Updated 

we can buy near 200 mv and the stop loss will be below 200 on an hour closing basis for trade a final 5th wave. also if descending triangle break upside then the 5th wave can be confirmed don't take much positions because BTC also getting retracement