Just posting this for personal use... This is not an idea Trade safely
NOK has started to trade above the golden pocket and showing signs of strength, ive been accumulating NOK stocks for a couple of months now because i REALLY like the stonk!!!
Hi guys, Had a look at the TRXBTC chart and (of course this is way too far into the future to tell) just using some trendlines and a harmonic pattern came up with 75 sats as the potential bottom for this, before it's big run up. I'll post the AB=CD Pattern shortly. Not trading advice.
BTC is currently in Wave-5, where Wave-1 of this wave is the extended wave, causing waves -3 and -5 to be shorter in relation to it (Wave-3 is about 61.8% of wave-1 and Wave-5 is likely about 61.8% of Wave-3). For extended Wave-1, we see the converging upward angled triangle by connecting the end of waves-1 and -3 as one bounding line and waves-2 and -4 as the...
waiting for a confirmation possibly a few more sideway moves will see MACD converging shortly.
Trend Continuation trade