miaomiao18

BNBBTC see all history+ wait for break down fromascending wedge

miaomiao18 Updated   
BINANCE:BNBBTC   Binance Coin / Bitcoin
BNBBTC liked Cup&Handle pattern + wedges

in this chart, we see special double performing of Cup&Handle in the same channel

now hype Fib level of 2.618 reached, think now it is on the bull trap.
ascending wedge also being formed. waiting for confirmation point of break down from the ascending wedge,
Once confirmed, we will see the falling target
Comment:
a close look at the early time - ascending wedge + resistant breakout.
it gives good idea of what BTTUSD might happen soon:
Comment:
see more details on 2 ways of wave counting, and falling of the ascending wedge on top.

Comment:
see more details on 2 ways of wave counting, and falling of the ascending wedge on top.
Comment:
it seems what really performed out there is blue wave 135 with
wave45 = 0.618 of wave 03

Comment:
when it is 1, 1.414. 2.618 or even more in play. here is the "reasonable target":
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.