Ive included the halving event which is approx in the month of April 2024.
Some hopium for a second chance support run after this initial, "I'm Back" pump run off the lows?
Since we have seen the fib extension play out from the first leg up, will see a fractal on a smaller scale for the next?
This what I see.... Since the the head shoulders projection of the lows has been somewhat successful, theres reason to mirror from the inverted structure. There are also fib extensions which have also been accurate from the lows to the first push up of recent. NB. Price levels indicated from analysis are approximate.
Historically, TA has shown proven and confident major Trendlines. In this example the TA shows that the trend base is a little lower than the most recent lows of date. However the lows of date do line up with basic chart architecture using the projection of the head/shoulders. Only time will tell. Dates and price are approximate.