The triangle has worked out nicely, and yesterday it already reached the target (at roughly $16.8k).
ETH is not playing along as expected. The dip down into the $440 region has given some people quite a scare. From a wave structure point of view, I believe we need to dip below $430.
It looked like a really good idea until we hit the 0.0303 level. I have now lost faith in it. I will watch things closely with the stop level of 0.025 still in place.
If I see any good opportunities to move some of my ETH into a DeFi token I will.
To have a bit more history, I switched to the Binance source, which combines the LEND and AAVE price action.
At roughly $90, we are near the ATH during the DeFi summer craze. However, it is a tough call right now… I am still long, but need to think of potentially taking some profit.
Confirmation is here! Go long with a stop in the region of $110.
I have sort of lost my patience with LINK, and have taken off my longs. I will have another look at it, though, if we break through $13.75.