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There is one more interesting formation on crypto market.
Symmetrical triangle on MKR/BTC crypto pair.
There was a strong and confident bullish sentiment before.
It could be a good confirmation for bull traders.
According to Elliott Waves theory Wave C is done and now price is heading to Wave D.
However this formation may become circumcised and break the level earlier.
So follow the chart and look for the breakout carefully.
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And always remember: "we don't predict, we react".