So far, everything is in line with the fractal I shared earlier, and this was the bottom.
The first stop was around the 50MA on 2D, and the next target, before a major correction, was the 0.618 level. If that's the case, we could test 88-90k by the end of April and then move towards 96k.
If the price fails to break through the 50MA relatively easily, as it did earlier, then we will be talking about a different scenario.
P.S. Timing could be off, but that doesn't really matter to me.
The first stop was around the 50MA on 2D, and the next target, before a major correction, was the 0.618 level. If that's the case, we could test 88-90k by the end of April and then move towards 96k.
If the price fails to break through the 50MA relatively easily, as it did earlier, then we will be talking about a different scenario.
P.S. Timing could be off, but that doesn't really matter to me.
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Related publications
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.