I think we're likely headed back up towards the red box, possibly 53%, and possibly even a massive run back up to the HS neckline where we began the big drop.
If at any of those points we turn back down - we finish correcting up and head back down to finish its our return to its previous bottom @ ~36.39%
If at any of those points we turn back down - we finish correcting up and head back down to finish its our return to its previous bottom @ ~36.39%
Note
I believe we may do something along these lines (pun intended), with a strong alts push after reaching the peak of what we're currently headed towards, which ends when we reach bottom @ 36:Note
Here is an alternative path, where we first reach the neckline prior to bottoming, in either case, altseasons starting and stopping with the two green circles along either path:
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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.