Long Ascending Channel since mid June.
First bounce was 77% from bottom
Second bounce was 62% from bottom
I'm assuming third bounce will be around 42% from bottom, putting short term price target around $64,300.
To break from channel we need to break above trend line at $75-$78k.
Let's watch and see how this plays out.
Not Financial Advice! Trade at your own risk.
First bounce was 77% from bottom
Second bounce was 62% from bottom
I'm assuming third bounce will be around 42% from bottom, putting short term price target around $64,300.
To break from channel we need to break above trend line at $75-$78k.
Let's watch and see how this plays out.
Not Financial Advice! Trade at your own risk.