Looks like Rigetti completed the wave 4 correction to the 0,5 fib zone (green box).
Today it broke out of the purple bullflag and reentered the red support.
Saw a retest of the bullflag support earlier today.
If we start wave 5 we might see:
TP1: 18,42 tp 19,73
TP2 27,27 TP1 extension
TP3: 30,65 Wave1+3 extension
Today it broke out of the purple bullflag and reentered the red support.
Saw a retest of the bullflag support earlier today.
If we start wave 5 we might see:
TP1: 18,42 tp 19,73
TP2 27,27 TP1 extension
TP3: 30,65 Wave1+3 extension
Trade active
Wave 2 (correction wave) seems to be done. Might see Wave 3 (of 5) starting soon.-Doji candle on Day candle (hint to trend reversal)
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.