Clear breakout on BTC but be cautious!! (Elliot Wave)
Break of the symmetrical triangle means we were in a triangle correction, which often occurs in wave 4 of B. This indicates the start of the last wave 5 or C. The apex of the triangle acts as a huge support, so in order for the breakout to be confirmed i think a hold of this support for atleast 2-3 days is important.
Stop loss can be placed below the apex of the triangle.
Possible targets are fib extensions placed on the chart which also line up with the height of the beginning of the triangle (around 4k).
lez get sum gainz boiz
Stop loss can be placed below the apex of the triangle.
Possible targets are fib extensions placed on the chart which also line up with the height of the beginning of the triangle (around 4k).
lez get sum gainz boiz
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