As you can see, price is in the Ascending Triangle and completed the 5th elliot wave.
I am waiting for the breakout outside the triangle but there is also a trendline (Weekly) coming down from 19K price level.
-> If there's a breakout of a Weekly trendline. The Bullish BTC/USD rally will start.
-> If It can't break the trendline, BTC will pull back to 5K levels.
Waiting for your comments and responds about the idea.
I am waiting for the breakout outside the triangle but there is also a trendline (Weekly) coming down from 19K price level.
-> If there's a breakout of a Weekly trendline. The Bullish BTC/USD rally will start.
-> If It can't break the trendline, BTC will pull back to 5K levels.
Waiting for your comments and responds about the idea.