Wormhole is going bullish together with the rest of the Altcoins market. Notice the steep decline, in red... This pattern leads to a major low in August. Here the bearish wave ends.
This low produces a bullish breakout, the "initial bullish breakout." This up-move is corrected and ends in a higher low (yesterday).
👉 As Wormhole (WBTC) breaks bullish above the C-pattern, with a higher low, it signals the start of a strong bullish wave.
We have the short-term targets mapped on the chart. The pair can grow more if we consider the long-term.
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