Expecting retrace to the 61.8% level will continue until July '23 to an approx. $0.37 price; then expecting it may extend to the 1.618% level to complete the price extension.
Comments: Please keep them constructive as we are all learning.
Legaleze: NFA DYOR NGIOC JFF EES; price action may change at any time due to market conditions, DS actions, political environment, the weather, your particular climate, etc. Enjoy.
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12/30/22 Hovering around $0.40 and am expecting a low of approx. $0.37 with consolidation during Q1 of 2023 before any move up. Patience and DCA as needed.
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Had a great % move up this week but looks like a retrace back down to support will occur as the longer-term moving averages move down to reset the last leg of the cypher pattern. No hurry on this one. If the expected price action in the chart happens in the May-July timeframe, it may coincide with the next BTC bull run.