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.

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r

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y

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y

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No real TA here

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.

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.

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From the move that took us to the low.

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a

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Explanation in the chart

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ya

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If we break down from it, targets are 8.4k to 8k

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:D

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9.5K and 9.7k on the radar. If we continue inside this rising wedge the drop will happen sooner or later. Breaking the rising wedge upwards would invalidate all of this. Fomo at its best.

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Rising wedge stretching a lot. Furthest i see this going is 9.4k. The obvious resistance spot is around 9.2k, which is a previous peak (the high that took us to the low) and the major 0.236 fib from all time high.

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a

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Interesting: Seems like a head and shoulder pattern but right shoulder gets denied, then it reaches the top of the head and it forms a bullish ascending triangle. Lets see how this plays out.

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Let's see if we keep respecting this pattern.