If the 55.6k low doesn't hold, I think we see a 111MA touch which happens to be right around 53k and diagonal support. Each zone is roughly 30% upwards move so I think we get to about 85k before the next major correction in January. If 53k is lost, I am bearish until we at least put in a higher marco low than the 40k low in Sept.
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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.