MKRUSDT - two basic optionsTriangles help identify the next probable move, and within the Elliott wave guidelines - triangles are the structures, preceding the last wave in a larger structure.
Based on that, it is prudent to assume, that beyond the main option for the bullish triangle (wait for the move up in a bullish impulse to test the ATH) we must keep in mind a larger corrective structure, where this triangle will become the wave B and, as it precedes the terminal move - we may get another substantial move down.
Good luck and trade safe!