this is breaking out as well. it needs more volume though.
Comment:
explanation:
the purple lines indicate a triangle and 2 weeks ago sys left it out. the red cup has a handle that ended at the bottom of the fibonacci extension. the C of the ABC of the fibonacci level is very close to 0.618. the first and minimum target is 0.00006 btc. that's very conservative target though and I honestly expect it to reach the orange line.
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.
the purple lines indicate a triangle and 2 weeks ago sys left it out. the red cup has a handle that ended at the bottom of the fibonacci extension. the C of the ABC of the fibonacci level is very close to 0.618. the first and minimum target is 0.00006 btc. that's very conservative target though and I honestly expect it to reach the orange line.