Ronin/Tether

RON Looks Bullish (1D)

585
From the point where we placed the green arrow on the chart, it appears that RON has entered a large diametric pattern.

It now seems that wave D has completed, and the price has entered wave E.

As long as the green zone is maintained, it can move toward the target above $8-11.

Closing a daily candle below the invalidation level will invalidate this analysis.

For risk management, please don't forget stop loss and capital management
Comment if you have any questions
Thank You

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.