🗯️I still believe that we are dealing with the completed 1st wave of growth, but apparently the second corrective wave has not yet completed. The recent rise has manifested itself in the form of a zigzag, which suggests that we are dealing with an extended flat, where waves (A) and (B) are zigzags, and wave c is the motive one.
💡I expect a correction in wave (C), which could classically end at the 1.618 Fibonacci level of wave B. It is noteworthy that at these values there is dynamic support in the form of the 200-day moving average.
🚀 But these are all particulars - we will see a strong upward impulse to the new historical highs (ATH) very soon.
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