BTC is about to complete an Elliott Wave Tringle (labeled abcde), which will end green wave 4.

BTC will start to move higher thereafter, probably starting tomorrow on Sunday or Monday.

This pattern will be invalidated at $60350 (if the low of wave c is breached).

Good trade setup incoming. Tight stop, good CRV of at least 1:6, might be even 1:20 if I get a good entry.

Feel free to use and share my charts, but please mention me, @ew-and-patterns as the author. Otherwise it is considered plagiarism and I will flag you and advise my friends to do the same.

Please consider leaving a comment, like or rehive, if this post entertained you or helped you see things differently...

Have a nice day :-)

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