The breakout is potentially starting a 5 wave structure with the wave 1 already formed by the breakout, which led to profit taking (wave 2) and now holding perfectly at the 0.50 algo target (16000 SAT) even during the dramatic BTC crash going on.
It's key to keep an eye on the & to hold and see where it develops from here, but a break out is looking likely.
Every trade can fail, but as trader we play the odds and this is looking like a fantastic position.
If you want to reward me for the time I spend to research and TA and keep this going:
Donate BTC: 1EQuazVs5MHpcBrceUvKWwtmFBVpNn6hxw
Donate ETH: 0x9746e2692bad3dc2da5c8d759e2d8c56af74e3d9
Donate LTC: LVZef6iRGe7unhECDFmGDM8VzDMzUaGZqY
Thank you and good luck!
ps. This is not financial advise. Use the above information as an indicator, or a way to learn.