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After BOS, it created new Higher high without retesting. So, market will collect all the inbetween liquidity and it will start moving forward. Fresh buyer can enter at the buy area level. This is for educational purposes only.
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Wave count indicating potential long trade Target 75000 Sl -60800
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Please read the notes on the chart and act accordingly. Disclaimer: I am not a Registered Analyst with SEBI and it is only for educational purposes. Please consult your financial advisor before making any decision. I will not be responsible for any of your profits or losses.
Stock is rising in an impulsive manner forming higher highs and higher lows. Any dip should be taken as buying opportunity for the upside target zone of 3800-4000 in the coming months.
Stock has already concluded a running triangle structure at OCt'23 low of 2220 and is rising in an impulsive manner. The measured target for the same is coming in the region of 3400. Hence, stock is likely to continue it's uptrend towards 3400 with any weakness holding above the support zone of 2500-2450 in the coming months.
The current structure suggests that prices have formed an Ending Diagonal structure. Price are likely to fall towards 1000 and 975 zone with any rise holding below 1125.
Biotcoin Target as per Elliot waves. It's just a projection. further targets and retracements levels we have to wait and see the moves. If this monthly closing is above the previous high then the targets mentioned in the chart are confirmed. We don't predict the market but based on the retreat and levels that targets are confirmed. let's go with the flow