As you can see, there is an ascending wedge in orange that is about to end, which leads us to the creation of a large white flag that takes us to 32K. It should be noted that there is another measurement that could suggest a greater drop, but there is still no formed structure, so let's wait for the orange wedge to end and we will surely see the continuation of the upward trend because is oversold!
Comment:
Out of the flag, confirming two target
29209 29639
29209 29639
here we are, now we have completed the white flag pattern, lets see if the price responds, I'll wait for you at 32K, if you don't arrive, I'll see you downstairs at 24.5