Second retest of the back then resistance that was the All Time High, now a support.
We are at a great point of LONG entry.
We can see the wedge lenght shall become the pump lenght.
Also, with Eliott Waves pattern we can predict the kind of move is to be done, in 5 wave impulse
then an ABC correction.
Overall, I see the top near 80k in the next 4 to 6 weeks.
Trade safe and dont forget the Stop Loss!
We are at a great point of LONG entry.
We can see the wedge lenght shall become the pump lenght.
Also, with Eliott Waves pattern we can predict the kind of move is to be done, in 5 wave impulse
then an ABC correction.
Overall, I see the top near 80k in the next 4 to 6 weeks.
Trade safe and dont forget the Stop Loss!
Note
Still on track even if we visited a lower support.If we break that flag it will do a 22k pump pretty fast...
Note
5 local waves leading to peak of wave 3 in the main plan/chart
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.