Possible Triangle/Pennant TARGETS – Update 8 – #BITCOIN #BTC $BTC #Ethereum $ETH #ETH #Cardano $ADA – 07.06.2021

Today’s action in all cryptos seems to confirm the breakout. If tomorrow the downfall continues, the targets below would become almost a sure thing.

TARGETS for $BTC:
$26400, by breakout from a triangle (Elliott Waves), red rectangles; – 59% off the top;
$10200, by a classical pennant pattern, blue rectangles; – 84% off the top.

TARGETS for $ETH:
$1640, by breakout from a triangle; – 62% off the top;
$440, by a classical pennant pattern; – 90% off the top.

TARGETS for $ADA:
$0.90, by breakout from a triangle; – 63% off the top;
$0.35, by a classical pennant pattern; – 86% off the top.

Musings:
Question: If the crypto market loses half a trillion of its market cap over the next few days, what kind of impact this would have on other markets?

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