Hey all, here's the update on the previous post I made a few weeks ago.
Prices bounced and found support on the technical objective of major Wave A, at 16,540$.
The current situation suggest a relief rally with a first medium term target at 28,300$.
We are now in a major Wave B, a corrective wave built in three minor waves. The top of this corrective wave can be around 39,500$ according to Fibonacci targets. (see chart with three minor waves A,B,C.)
Invalidation of the count will be by a break of the previous bottom, at 16,540$.
See you in a few weeks to update the evolution
Prices bounced and found support on the technical objective of major Wave A, at 16,540$.
The current situation suggest a relief rally with a first medium term target at 28,300$.
We are now in a major Wave B, a corrective wave built in three minor waves. The top of this corrective wave can be around 39,500$ according to Fibonacci targets. (see chart with three minor waves A,B,C.)
Invalidation of the count will be by a break of the previous bottom, at 16,540$.
See you in a few weeks to update the evolution
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.