logarithmic symmetrical triangle making its way from south to north.
buying 0.0009 and holding to 0.009 will give you a x10 return.
the key steps are breaking the mid cap on the daily and powering through the triangle roof...
as in the title, once the trend detector turns green long $gvt.
the bottom is nearly in but rather then a knife cathc wait for the trend detector to cross and retest... then long.
next wave will be insane for gvt - all in peeps!
if this is the top of wave 3 then a retrace to the 21ema level and historical resistance turned support is most likely.
with the fork this could go all the way to 4.2fib of wave 1, id be looking a a safe long on the yellow line and then a mega short at the top cause this is likely to dump hard post fork
with the setups of bollinger and cap bands alongside multiple oscialltor alerts we can see how the mixture of the 3 work on the 1h xbtusd chart.
basic rule is if the trend breaches the bollinger and cap band and the oscialltors agree then it is a buy/sell opportunity depending on where the break is made (upper would be sell, lower would be buy).
a cross over of...