Ampleforth FORTH - Huge falling wedge is breaking out! +Triangle
- As you can see, we have a falling wedge on the daily / 3D chart, which is a bullish reversal pattern.
- This is a fantastic buying opportunity when combined with a local ascending triangle!
- My Elliott Wave analysis suggests that a main impulse wave has been completed, and that's why I expect a bullish retracement.
- My main profit target is at the previous resistance (wave 4), or 0.618 FIB.
- I think this downtrend is over and we should see some bullish price action in the immediate short term!
- I expect tremendous pumps for selected altcoins. You can find them in the related section down below.
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