BTC trying to breakout of ascending triangle
Updated
Could be wishful thinking and impatience to get BTC out of this ascending triangle and into new highs but looks like we just finished a wave 1-2 and middle of wave 3 for 5 wave structure up, abc correction to retest and then off to the races. Otherwise could be setting up for another rejection and back to lower triangle support line to try again.
Note
See below for other scenario I could see playing out...
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.