Marlin POND - Very bullish pattern! +150% in few days + Triangle

  • This altcoins has an amazing trade setup for bulls!
  • On the daily chart we can see an ascending triangle , the most bullish chart pattern and we are close to a breakout.
  • As per my Elliott waves analysis, the impulse (5-3-5-3-5) has been completed, so we can expect an ABC retracement now.
  • On the log scale the price is printing an descending channel and this is a nice profit target for our trade.
  • This will be a quick trade that can take just a few days.
  • You can buy a breakout above the triangle, If you want to increase the probability of success.
  • Look at my ideas about interesting altcoins in the related section down below ↓
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