Long
wavesusd next target
These trendlines seem to make sense.
A second dip (as c of an abc correction) to the central pitchfork line is possible - 10 $.
But this is less likely because we are in a 4th wave correction of one minor degree and this works out as a nice triangle, which is typical.
Afterwards wave 5 may be expected which should end at around 50 $ in January.
A second dip (as c of an abc correction) to the central pitchfork line is possible - 10 $.
But this is less likely because we are in a 4th wave correction of one minor degree and this works out as a nice triangle, which is typical.
Afterwards wave 5 may be expected which should end at around 50 $ in January.
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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.