🚨Trade Alert🚨:
I am long on $NOT from 0.0119450.
Why I am Bullish?
$NOT is forming a symmetrical triangle which is very likely to break to the upside. It seems like If we count elliot waves of this structure, it seems $NOT has completed the 1st impulse wave and the 2nd corrective wave is taking the form of symmetric triangle. So we can expect here the inception of the third impulse wave to the up side.
I am already in the trade and in case of successful breakout of the triangle, I will be reducing my position based on the Fib extension.
My Stop loss is 0.011393.
Note: The setup may not work if Bitcoin experiences a significant drop.