Mika_k

We've broken out, but what now?

Long
BITFINEX:BTCUSD   Bitcoin
Hey everyone just a quick update. As a predicted last night, we have broken out of the ascending triangle, but I don't think it is a steady drop from here. In fact, as shown in this t.a, we might be seeing a retracement back up to the ascending triangle. I anticipate that it will go up to the 10750 area, as a type of abc correction to the prior impulse wave. Once we hit the target, I will update you from there. Thanks guys and have a nice day!

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