As we can see, the overall trend is bullish. After breaking the March high, the only remaining step for the market to truly thrive is to break the most recent peak and form a new high. There is only one direction now: upward.
The potential paths for this upward movement are as follows:
Scenario 1: A pullback to the 1.27T level followed by a strong continuation to the upside.
Scenario 2: A direct upward move without any significant correction.
Potential Milestones After Breaking the All-Time High: 2.11T 3.57T 11T (final target) The market is showing promising signs of strength, and these key levels could be the focus for the next phases of growth.
Let’s keep a close eye on price action and prepare for what’s coming!
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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.