If Mystbtc confirms the 0.786 and the triangle, chances are good that it'll move up and out of the triangle in the next hours, making a new wave.
1:1 target at 45000 sat
Comment:
Most likely a large selloff in XRP "rippled" through crypto earlier today leading to many coins dropping. Mystbtc did so as well, thereby apparently moving into an extended triangle with a relatively well defined top line. Bullish volumes are required to break out of the new pattern.
New Because of the drop, the next target is more akin to the high on Jan 9th. (40k sat)
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Most likely a large selloff in XRP "rippled" through crypto earlier today leading to many coins dropping. Mystbtc did so as well, thereby apparently moving into an extended triangle with a relatively well defined top line. Bullish volumes are required to break out of the new pattern.
New Because of the drop, the next target is more akin to the high on Jan 9th. (40k sat)