Here we should be expecting a play-out of an Ascending Broadening Wedge which could potentially bring us to a range of 2500-2700 sats 1.72% (in the pocket of a major resistance and the 0.786 fib-line. A conservative move would be to buy the breakout of the light blue downward channel , bullish confirmation signaled by the dark blue line (where waves E and C lie) or anywhere the in green region between.
Commentaire:
We're close to reaching the blue confirmation line, so staggering buys in the green box would be ideal. If we break the right side of the green box, I think we are likely to see a pullback and retest of the purple support (this is likely to happen if BTC takes a hit. Check out the BTC chart I just posted if you'd like to see my ideas.