Daily Triangle Breakout or Breakdown & Targets

Updated

Just a simple symmetrical triangle pattern with initial measured targets for either scenario:

Breakout - targets just below 85k
Breakdown - targets just below 40k

Good luck!

Trade active

Broke out of the top, successful re-test. Be wary though as while this is still valid, there is some indication that we could instead see a dip to or even below 40-50k area before actually moving up to new ATHs:

Note

Note that there is also higher red volume vs. green leading into this move and prior

dudebruhwhoa

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