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Keep3rV1 KP3RUSDT - Huge breakout! Falling wedge + Elliott Wave
- On the daily chart we can see a nice falling wedge / descending triangle, which is very close to a bullish breakout!
- We have a local double top above the wedge and we can definitely buy a breakout above this level for a confirmation trade.
- 0.618 FIB + End of the Wave 1 + End of the Wave 4 is the next resistance, so you can setup your profit target here.
- If we take a look at the volume indicator - there is a strong bullish volume and that is always good to see.
- As per my Elliott wave analysis - Impulse Elliott Wave has been completed succesfully and now I am expecting at least an ABC correction.
- See my ideas about Bitcoin and Ethereum in the related section down below ↓
- For more content, please hit "Like" & "Follow"!
- We have a local double top above the wedge and we can definitely buy a breakout above this level for a confirmation trade.
- 0.618 FIB + End of the Wave 1 + End of the Wave 4 is the next resistance, so you can setup your profit target here.
- If we take a look at the volume indicator - there is a strong bullish volume and that is always good to see.
- As per my Elliott wave analysis - Impulse Elliott Wave has been completed succesfully and now I am expecting at least an ABC correction.
- See my ideas about Bitcoin and Ethereum in the related section down below ↓
- For more content, please hit "Like" & "Follow"!
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