Road to $10k?
This seems correct to me. So far the price is following the wave, and sub-waves etc.
Points to note:
1. Wave 1 started at $7200, and it ended at $9150.
2. Wave 2 ended at $8450.
This is confirmed because trying to redraw the end point of Wave 2 was "impossible" unless it ended at $8450, given the current price is over $8700 at time of writing.
Therefore:
3. Wave 3 is likely to end at around $9400.
4. Wave 4 is not likely to go below $9200. This is a very shallow retracement, but we know wave 4 can't retrace back into Wave 1.
5. Wave 5 is likely to end around 10k. It's not likely to be an extended Wave 5, because that would make Wave 3 the shortest - UNLESS wave 3 takes a really long time to reach $9400, OR shoots past $9400 (which is possible but not likely).
Further predictions - the ABC correction after Wave 5 is likely to end around the Wave 4 point: $9200.
Points to note:
1. Wave 1 started at $7200, and it ended at $9150.
2. Wave 2 ended at $8450.
This is confirmed because trying to redraw the end point of Wave 2 was "impossible" unless it ended at $8450, given the current price is over $8700 at time of writing.
Therefore:
3. Wave 3 is likely to end at around $9400.
4. Wave 4 is not likely to go below $9200. This is a very shallow retracement, but we know wave 4 can't retrace back into Wave 1.
5. Wave 5 is likely to end around 10k. It's not likely to be an extended Wave 5, because that would make Wave 3 the shortest - UNLESS wave 3 takes a really long time to reach $9400, OR shoots past $9400 (which is possible but not likely).
Further predictions - the ABC correction after Wave 5 is likely to end around the Wave 4 point: $9200.
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.