ABC wave has made 50% retracement. if this level holds than your new higher high at 100% projection is 89645.
before breakout of all time high price has to break 61% and 50% resistance zone between 51 and 46k because correction to this trend can make new lower low after retest of white resistance zone.
support : 34372, 27169, 20 000
resistance : 46747, 51030, 89645
before breakout of all time high price has to break 61% and 50% resistance zone between 51 and 46k because correction to this trend can make new lower low after retest of white resistance zone.
support : 34372, 27169, 20 000
resistance : 46747, 51030, 89645
Comment:
Comment:
it is profit taking time before 100% projection