I expect to see the gap down going into Monday to 37.5~37.8$.
But the (yellow) line is my prediction on the macro scale of this bull run.
I dont expect a breakout. not yet atleast.
However I do expect a rally to maybe 50$ where it will be met with heavy resistance, pushing the price back down.
In the micro sense, i do expect the chart to follow an ABC elliot correction wave, to meet the breakout confirmation point, fueling us to the moon.
Follow and like for updates
But the (yellow) line is my prediction on the macro scale of this bull run.
I dont expect a breakout. not yet atleast.
However I do expect a rally to maybe 50$ where it will be met with heavy resistance, pushing the price back down.
In the micro sense, i do expect the chart to follow an ABC elliot correction wave, to meet the breakout confirmation point, fueling us to the moon.
Follow and like for updates
Note
not financial advice
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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.