"The breakout or breakdown targets for a symmetrical triangle is equal to the distance between the initial high and low applied to the breakout or breakdown point." $10254. lets see what happens.
en.wikipedia.org Wave 3: Wave three is usually the largest and most powerful wave in a trend (although some research suggests that in commodity markets, wave five is the largest). The news is now positive and fundamental analysts start to raise earnings estimates. Prices rise quickly, corrections are short-lived and shallow. Anyone looking to "get in on a...
long the retracet of this move. Short term retrace no more than 38.2% to $7850(green lines) area. long term we could be looking at $20k+ (pink lines) towards 3rd quarter.
BTC Broke-out of the trend, and it is now retesting it again, if it holds we can MOVE UP TO $8K range with a good chances of going towards $9k. lets se how the market will react at each level :) hopefully we can start a new uptrend.
just look at the chart. a break below $10.3k would invalidate this.
Bitcoin BTC possible forming rising wedge
ETH bigger gains short term Potentially than BTC
Assuming BTC would not drag everything down soon. ETH could have a short term bigger potencial gains than BTC.