Still bullish to the $46k level.
I guess we're in wave 4 rally. Expecting a wave 5 rally before a big correction.
Target price for wave 5 :
TP 1 : $39150 (Fibonacci 161.8%)
TP 2 : $41200 (Wave 1 = Wave 5)
TP 3 : $46200 (Fibonacci 261.8%)
Target price for wave 5 :
TP 1 : $39150 (Fibonacci 161.8%)
TP 2 : $41200 (Wave 1 = Wave 5)
TP 3 : $46200 (Fibonacci 261.8%)
Note
TP 1 and TP 2 has reached. Can it reach TP 3?Note
I forgot this analysis exists. And it has predicted the top at January 2021 before the price plummet.Note
Elliott wave is so accurate. I never expect this much accuracy. Or is it just a coincidence?
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Disclaimer
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.