Doing a fib retracement from previous low on the monthly shows our 0.786 lvl sits around 17k .
In my opinion, we will likely wick way below that before the monthly actually closes above the 0.786 lvl .
So I think 13.8k is on the table, worst case even dip below 10k real fast..
In my opinion, we will likely wick way below that before the monthly actually closes above the 0.786 lvl .
So I think 13.8k is on the table, worst case even dip below 10k real fast..
Note
also this falling wedge we're in ends exactly at the 0.786 lvl .. coincidence?
Disclaimer
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.
Disclaimer
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.