BTC Wave Update – Final Triangle Before Thrust?

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Analyzing BTC/USDT on the 15-minute chart using strict NeoWave guidelines:

After completing a complex correction:

A classic (A)(B)(C) Zigzag

Followed by two X waves, connecting multiple corrective phases

The structure is now forming a Contracting Triangle (a–b–c–d–e)


This triangle appears to be the final pattern of a Triple Three combination.

What’s next?
According to Glenn Neely’s rules:

After Wave e, expect a sharp upward thrust

The thrust should retrace at least 61.8% of the triangle’s entire price range

It must also complete faster than the triangle itself


All eyes on the triangle breakout zone.
If price respects the lower channel and breaks upward impulsively — we may be looking at the start of a new motive leg.

Bias: Bullish after Wave e completes
Invalidation: Break and sustain below triangle support zone

Stay patient — real thrusts begin when the pattern completes.
BTCUSDT

Penafian

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