Long
Spankchain staring a impulse wave 3
So the price broke out off of the triangle, and it has retraced back to retest and find support. It has done so, as both the triangle's support line and 0.5 Fibo level served as support. If my count is correct the price is starting to begin the 3 wave from a 12345 impulse wave, which target would be at 1.272 Fibo level. The target for the 5 and final wave is at 0.338$
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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.