This is just a theory but statistically there is an 80% chance that there will be a breakdown for an ascending broadening wedge after price reaches the peak. The target is approximately 5k to the bottom of the wedge depending on when we make contact with the trough.
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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.