Triangle indicates a bullish break
Updated
-Triangle continuity pattern.
-It is expected a break upwards in the beginnings of April.
-The intesity of the break is equal to the height of the triangle.
-Low RSI and MACD support the break upwards.
-Fibonacci levels support the expected height of the upwards impulse.
-Objective: surroundings of 700$ in about 2 months.
-It is expected a break upwards in the beginnings of April.
-The intesity of the break is equal to the height of the triangle.
-Low RSI and MACD support the break upwards.
-Fibonacci levels support the expected height of the upwards impulse.
-Objective: surroundings of 700$ in about 2 months.
Trade active
Triangle broken upwards. Expecting a move up to ~700$ within a month.Trade closed: target reached
I predicted a rise up to 700$ at least within 2 months when I post this chart. Target reached.
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