DGB/BTC - Still Wave 2, Symmetrical Triangle Correction Before 3

Today's BTC movement unfortunately derailed DGB from the nice trend line it was forming. But, no need to fret, it appears that we are simply undergoing a Symmetrical Triangle Correction before starting wave 3. Wave 3 should be a nice impulse move, so if you are holding, keep holding, and if you are looking for an entry, I would wait for confirmation of a breakout of the triangle with increasing volume.
Elliott WaveTriangle

Related publications

Disclaimer