- On the chart we can see an incomplete Impulse Elliott Wawe (5th wave). - Rounding bottom or cup and handle is also printing on the chart. - Volume is very bullish and also RSI is prepared for another pump! - Target is 1:1 fib trend-based extension + top of the ascending channel + 5th elliott wave - For expected duration of the trade, probability, stop loss, profit target, entry price and risk to reward ratio ( RRR ) - please check my signature below ↓ - Huge bullish volume is also one of the positive signs! - If you want to see more of these ideas, hit "Like" & "Follow"!
@hamdanalhosani The 1st of 5th was almost 3x, the 2nd wave is surprisingly parabolic (the reason I started to watch), so the 3rd and 5th can lift us a way way more higher. If we break the channel top in 3rd, most probably will retest the channel top and ATH from 2017 in 4th and after a crazy parabolic 5th blow off top is possible.