(REPOSTED) - I made the same post on 31/07, but now it is hidden by Tradingview.
...but you wouldn't believe it.
The asset shows signs of being close to its ascent towards new price discoveries after a corrective period.
Observe the consolidation patterns of waves II and IV. The first corrective period was long, so this one tends to be short.
Notice how the reversal pattern became clear much faster in wave IV.
Thanks!