$LEND in a retracement but forming descending triangle

LEND in reality I see lend continuing to retrace towards the .618 fib level of 578. There have been 5 wicks hit or go past the fib line since 1 April. Candles are getting smaller and forming a descending triangle. 5 April will be a deciding day - retrace to 550 or their will be a successful pinch of the triangle and this will start wave 1. If we close over 620 I see this as an indicator that wave 1 is beginning, as long as BTC doesn't radically dip.