imo reasonable target is between 9995~10575 till the end of the month, if target is reached expected retracements are the 9200 and 8200. keep in mind if there is strong bull momentum we can break the 10.5k lvl and extend the wave to ~12.5k
Usually when the price reaches a HVN /HighVolumeNode/ on the VPVR, that means
it's a consolidation time. If the force is strong with the bears, they can drive the market down
to the second HVN and again it is more than likely that we see a nice consolidations at these points.
Bullish scenario: Bears struggle to drive the price down to the second HVN and we see a...
RSI /@thetop/ already oversold for some time now,volume profile looking good. We are lookin for a buy somewhere in the green box, nevertheless be prepared to buy back if the price drops somewhere in the yellow box.
We can see a nice pullback to the ~0.052 area as btc is on it's way for a correction which gives us a nice buying opportunity. The target after buying around the green box is around that 0.5 fibo /~0.065btc/, which gives about 25-30% profit /depending on the entry/.