CryptoMarket360

Do we have rare nesting triangles in BTC?

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
I have been doing Elliott Wave for years and on rare occasions a triangle can nest inside another triangle to form a large descending triangle that has 9 hits to the trend lines .

Historically, in this type of pattern when the price reaches the apex of trend line X and Y expect the market to turn. So, if this is happening, the breakout should happen within the next week or so and would have a great objective marked with arrows.

I am a buyer on a break of trend line X, which is around $7000. Otherwise, I wait.

Thoughts?
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