Newbie to TA so please be gentle. LOL.
Fib generated from lowest point after the last correction up to ATH.
From what I can observe on the Weekly, Daily and 4hr charts, we appear to be in a decent to retest the 0.768 Fib at the 58.9k mark.
A strong rebound could indicate a nice base for a healthy move to a new ATH. But if we drop below the 0.768 by any...