We had a confirmation of a breakout of the falling wedge on the 18th and since have started the uptrend. As shown with the Fibs and EW we can see the possible uptrend movements in price action if the price can curve up on the lower support line (in red) and the pattren it could follow with EW.
Our first target is at the end of the 2nd wave at 500K sat and the second target is at 600K.
Depending on whether wave 3 gets further extended we could add a 3rd target which could go past 700K.
Capital Management is required, trend will be invalidated if wave 2 goes below 270K sats.
Happy trading :)
Our first target is at the end of the 2nd wave at 500K sat and the second target is at 600K.
Depending on whether wave 3 gets further extended we could add a 3rd target which could go past 700K.
Capital Management is required, trend will be invalidated if wave 2 goes below 270K sats.
Happy trading :)