On weekly chart, Price is returning to the 50% of the distribution range.
As expected AFter first A correction wave we currently in B correction wave trying to find the top of this wave (usually 75% of A wave correction)
This coincide with the 50% distribution range (56250$) and that is a good sign.
We expect a big sell of at this point and price to reach 20K by the end of the month.
ENjoy
As expected AFter first A correction wave we currently in B correction wave trying to find the top of this wave (usually 75% of A wave correction)
This coincide with the 50% distribution range (56250$) and that is a good sign.
We expect a big sell of at this point and price to reach 20K by the end of the month.
ENjoy