Ascending Triangle in development. Expecting a last wave 5 to finish, and then loose all previous gains to drop back again to 1st support and then even deeper to base support line.
There is potential for a standard correction and then shoot up, yet its behaviour just looks too familiar to me like btc
Possibility that it starts dropping at current level but, I believe that a higher high is more likely to be in play.
Idea invalid if if ~$0.55 is broken.
There is potential for a standard correction and then shoot up, yet its behaviour just looks too familiar to me like btc
Possibility that it starts dropping at current level but, I believe that a higher high is more likely to be in play.
Idea invalid if if ~$0.55 is broken.
Note
trendline broken, probably goes down from here onNote
tried to update the count: truncated fifth? possible.. including a diagonal 5 with a frontrunning 3..
black swan I guess.. it's super messy too, hard to tell.. however, looks like we have a 1 & 2 now, 1st target is ~$0.37
https://ttps://www.tradingview.com/x/9WbQ8o0n/
Note
sorry messed up the snapshot, here you go: Note
btc bulls are too strong, taking all the alts with it, longTrade closed: target reached
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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.