A needed retracement to previous ATH to confirm it a a solid support level for these next legs up needed before going even further into uncharted territory and moving to break past ...5000 and eventually KNOCK ANOTHER 0 !
Yesterday we exploded out of the 2400 range and touched current levels near 2900. IMO we are about to flip this area into support, break the psychological resistance level of 3000 and consolidate before going for ATH again!
I created and posted this chart a few days ago. So far it's been pretty spot on . I'm not sure we hit bottom stage 3 but if we do that will signal a large buy signal and hopefully a great value for new investors to get in or others to average down.
