Picking the bottom using Ichimoku
yesterday was right on the money. Now let us talk about potential targets for this upmove. $10k is the obvious near term target, after that if you are still bearish
in this market, you might want to target the 100% extension of the first wave to the 14k
level for a ABC
correction. If you are bullish
which I am, the minimal target would be the 161.8% extension coming at 17.6k. If we are in a wave iii
of a bigger wave 3, this upmove would be very sharp, with big green bars. So enjoy the upmove!