Hey haejin, so far BTC really looks like its been following this ascending triangle, whats the probability of a impulse or a bullish movement after this?
Last time you said that you would prefer to rely on the Elliot wave counts in a scenario like this...
Well the Ew waves are pointing to a bullish outlook.
What else would you add to this drawing/ TA to make it complete?
I get this far but I cant seem to understand what else to do?
update, I noticed this smaller triangle but I am not sure if this is just me looking for patterns, it seems to make sense without pushing it much. whats the deal here?
Could this be a bull trap where it dips out of the form and shoots back up to ATHs??
Please let me know if you have any crypto you'd like analyzed!
Kind Regards,
@haejin
Hey haejin, so far BTC really looks like its been following this ascending triangle, whats the probability of a impulse or a bullish movement after this?
Last time you said that you would prefer to rely on the Elliot wave counts in a scenario like this...
Well the Ew waves are pointing to a bullish outlook.
What else would you add to this drawing/ TA to make it complete?
I get this far but I cant seem to understand what else to do?
Thanks!!
https://www.coinigy.com/s/i/59ff8779034e0/
update, I noticed this smaller triangle but I am not sure if this is just me looking for patterns, it seems to make sense without pushing it much. whats the deal here?
Could this be a bull trap where it dips out of the form and shoots back up to ATHs??