DCR/BTC Triangle pattern potential break out.
It appears that it is bouncing off of this triangle pattern and testing the resistance. The reason I like this chart is because it is working on wave 5 according to the Elliot Wave Theory.
There are two entries - entry 1 and entry 2.
*Entry 1 is at the support incase the price decides to be tricky before the potential break out.
*Entry 2 is the text book entry - The break of resistance.
I take the idea of having a mental stop loss extremely serious and so should you.
This is the live link to the chart on TradingView:
https://www.tradingview.com/chart/DCRBTC/bGUAlXDX-DCR-BTC-Triangle-pattern-break-out/
It took a few days but I sticked to the rules. Patience is key. I hope who ever saw this alert are making some profits.
The crypto market has jet failed me.
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