The price has hit the bottom of two ascending channels yesterday. Perhaps the last wave has just begun. I'm not stating that it will reach 6000, but If the price stays inside the blue channel, it can potentially reach 6000 by November 20. If the price drops out of any of the channels, it will be a strong bearish reversal signal.
Note
this idea is a duplicate, I'm updating this one
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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.