Price has been all corrective and looking to retest moving average GUPPY and pitchfork
. Must be patient for more information and continue watching price action develop for further clues. A price drop
below 6450 would be confirmation this was a major wave B signaling new lows, while anything above before reversing higher will signal the end of major wave 2 in a bull market and the start of the largest wave 3 impulse usually lasting longer and usually 3-4 times the length of wave 1 move from 3.4k to 13.8k. I am expecting the pitchfork
to hold and price to not drop
below 9k before continuing higher. Price target for end of 5 waves 353,000 USD by 2021/2022.