Two scenarios
1. Return from 34000 to 38000 opens way to higher highs.
2 Likely, wave bc is underway, strong support @32000...28000 area.
2 Likely, wave bc is underway, strong support @32000...28000 area.
Note
On daily chart:Note
Good news: abc pattern of Elliott Wave IV completed. The bottom of wave IV expected @29000...28000 area.
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