In my opinion, the next ascending peak will be around 36142$.I haven't learned Elliot Wave Counting, but I think Bitcoin's movements are in the third wave. The recent down move is definitely a correction and it will be at least 50% Fibo bearish until the price of 24755 as it should reach the trend line. Even if you check the Ichimoku on a daily basis, you can see that the price has to reach the first Tenkensen, but if 24755 is the last point of decline, which I think, then the uptrend will start at 24755 and the next bullish peak will be. It will be equal to and about 36142. So we will have an ABCD pattern.
Good luck
Abcdpatterns
I want an Upsize pleaseAn Upsize Trade is the name of 1 of my trade management.
On the 4-hourly chart(left) is a complete ABCD pattern. I'm waiting for a retest at 158.98 for a buying opportunity.
When the retest happens, I'll be stretching my final target to the Bearish Bat and Bearish ABCD Pattern which completes at 168.11.
This is a high-risk approach and it could harm your account if you do not know how to execute it the right way.
A trend trading setup that might go BIGEURUSD is on a Bullish Trend in the higher timeframe, so this week, I'm waiting for a Buying Opportunity within the pair.
The AB=CD harmonic patterns also align with the 4-hourly chart's support level.
With that confidence in place, trading confirmation like the 3-bar reversal is necessary.