Bullish Signal - next top should be 680 USD. Price should not drop below 615 USD to uphold this projection.
680 USD will be the next decision point.
A breakthrough would be a STRONG signal for higher prices. Next targets would be 760 USD - setback - 920 USD. This range from 680 USD to 920 USD would be ideal to trade. Unless price breaks through 680 USD, the current low at 540 USD is still unconfirmed.
If price falls below 600 USD a setback to previous lows at 540 USD is very likely. If price drops below 540 USD this would be a signal for even lower prices passing through the Valley of Molten Coins to test the previous lows at 420 and 360 USD again.
680 USD will be the next decision point.
A breakthrough would be a STRONG signal for higher prices. Next targets would be 760 USD - setback - 920 USD. This range from 680 USD to 920 USD would be ideal to trade. Unless price breaks through 680 USD, the current low at 540 USD is still unconfirmed.
If price falls below 600 USD a setback to previous lows at 540 USD is very likely. If price drops below 540 USD this would be a signal for even lower prices passing through the Valley of Molten Coins to test the previous lows at 420 and 360 USD again.