i'm quite confident about the W being achieved. What's the challenge then? Confirmation.
We have two fairly strong resistances to face, 1318 and 1418 (old ATH). Consider last movement resistance (1448) as well.
Target: 1494.88
Then: Uncharted territory, be prepared.
Be wise, wait for volume and confirmation crossing resistances.
You got to be like a sniper,...
4H Chart waiting for confirmation. The diagonal needs to turn into support.
Even though the target should be 40K, i highly recommend you consider the 36.7K and 39K resistance.
Not telling you to long right now, just have your mind open. (Long indicator is not accurate, it's fairly random)
Best of lucks to all of you.
"Por que no hay deuda que no se pague ni plazo que no se cumpla" (That's a Spanish saying, it just suits)
1Hour chart is trying to go back to the red box. If the bottom side of the box turns into resistance we are most likely going to 33K (a tiny bit bellow).
Trade wisely, this might be a sweet short. Keep calm, look at the patterns, consider your favorite...
I'm currently inclining to think it's going to break down, but we can't be sure. 35k will be a pretty important number short-term.
Shout out to YurloTrades, i based my chart in his previous analysis.
Trade wisely.
