Bullish Alternative — Weekly
As outlined in prior updates, Cipher delivered an outstanding 38.8% rally this week, launching directly🚀 from the apex of the convergent support equivalence lines!
As previously noted, Intermediate Wave (4) completed a decisive retracement into the $14.36 Fibonacci target, settling precisely ➤ at the structural apex.
The model favours an extension into Intermediate Wave (5) within Primary Wave ⓷, projecting an impulsive advance toward ➤ $254.
This target aligns with the confluence of divergent equivalence lines and corresponds to the 1.618 Fibonacci extension derived from the Leading Diagonal of Primary Wave ⓵ — a configuration typically associated with strong bullish continuation patterns.
Overall, the wave structure suggests the uptrend remains firmly intact, with the projected impulsive phase now potentially underway.
🔖 In my Quantum Models methodology, the equivalence lines function as structural elements, anchoring the model's internal geometry and framing the progression of alternate paths.
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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.
