FieryTrading

🔥 WAVES Triangle Break Out: Is The Bottom In?

Long
BINANCE:WAVESUSDT   Waves / TetherUS
Over the course of several months, WAVES has been trading inside a triangle pattern . With BTC appearing relatively bullish at this point in time, it's time for alts to regain some of their losses.

I'm eyeballing this triangle, the yellow area in particular. If we can get a higher-timeframe candle closing above the top triangle resistance we can see a higher probability of the trend to follow through. Be patient for the break out.

Both blue targets placed at recent highs.

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