Breaking through layers of resistance a 91% increase in price from current levels is expected until the price reaches ATH. Thereafter the line of least resistance is no more as new buyers climb on board after profit taking or a retest of previous level, then the next leg up commences. Timeframe is several weeks.
Current wave phase is D, with E terminating at ATH
Current wave phase is D, with E terminating at ATH
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.