Ascending Wedge
Currently at the end of Wave 4
We should see either a breakout or breakdown during Wave 5
If we breakout, price target is $120k-$125k
If we break down, price target is
25K-$30k
Considering the direction of Wave 5, I would assume we will breakout. The only way that I see this not happening is if Wave 4 breaks down from the wedge.
I see the top of the market in Mid-January to Late February.
Not financial advice!
Happy Trading!
Currently at the end of Wave 4
We should see either a breakout or breakdown during Wave 5
If we breakout, price target is $120k-$125k
If we break down, price target is
25K-$30kConsidering the direction of Wave 5, I would assume we will breakout. The only way that I see this not happening is if Wave 4 breaks down from the wedge.
I see the top of the market in Mid-January to Late February.
Not financial advice!
Happy Trading!
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.