Analyzing BTC/USDT on the 15-minute chart using strict NeoWave guidelines:
After completing a complex correction:
A classic (A)(B)(C) Zigzag
Followed by two X waves, connecting multiple corrective phases
The structure is now forming a Contracting Triangle (a–b–c–d–e)
This triangle appears to be the final pattern of a Triple Three combination.
What’s next?
According to Glenn Neely’s rules:
After Wave e, expect a sharp upward thrust
The thrust should retrace at least 61.8% of the triangle’s entire price range
It must also complete faster than the triangle itself
All eyes on the triangle breakout zone.
If price respects the lower channel and breaks upward impulsively — we may be looking at the start of a new motive leg.
Bias:
BTCUSDT Bullish after Wave e completes
Invalidation: Break and sustain below triangle support zone
Stay patient — real thrusts begin when the pattern completes.
After completing a complex correction:
A classic (A)(B)(C) Zigzag
Followed by two X waves, connecting multiple corrective phases
The structure is now forming a Contracting Triangle (a–b–c–d–e)
This triangle appears to be the final pattern of a Triple Three combination.
What’s next?
According to Glenn Neely’s rules:
After Wave e, expect a sharp upward thrust
The thrust should retrace at least 61.8% of the triangle’s entire price range
It must also complete faster than the triangle itself
All eyes on the triangle breakout zone.
If price respects the lower channel and breaks upward impulsively — we may be looking at the start of a new motive leg.
Bias:
BTCUSDT Bullish after Wave e completesInvalidation: Break and sustain below triangle support zone
Stay patient — real thrusts begin when the pattern completes.
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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.
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.