- BTC/USDT 1 week chart
As per the chart, we're waiting for the trendline to hit the breakout.
I put apex on Ellipse tool if ever reach the LOWER price would be $8,800.
support trendline on the redline below. if that would be break it will continue to go below $7.7k but that's not easy.
waiting to reach $8,8k the potential would be 17% if the target reached.
This is what we called Symmetrical Triangle Pattern Trading Strategy
On this trendline, we use Elliott Impulse wave 12345 with trendline tools.
Lower Highs and higher lows.
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Trade closed manually