Descending triangle bouncing of .618 FIB should bounce at (E) of ABCDE Elliot correction wave. Waiting on break out at 2422 satoshi with confirmation of MACD, RSI and DMI.
ALL CHART READS ARE JUST PERSONAL TA, PLEASE USE AT OWN DISCRETION.
ALL CHART READS ARE JUST PERSONAL TA, PLEASE USE AT OWN DISCRETION.
Trade active
Did not break through where we needed it, needed more time to consolidate as indicators showed this. We have now extended our triangle and identified a new breakout possibility at 0.786 FIB at (C) retracement with two decent support levels on the way up. Could be a cracker!
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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.