maonimisi

Bullish Triangle in fourth wave

Long
BINANCE:ADAUSDT   Cardano / TetherUS
Triangle is one of the most favourite pattern for ellioticians because it offers a high probability trade setup. On ADAUSDT, the market made a nice advance to the upsides with an extended third wave before consolidating. As we all know, triangle can appear in wave four of an inpulse, wave B and X of corrective. If price should trade above the $1.35 area we should see price rally quickly up to $1.80 area which is the post thrust of the triangle measurement.

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