I see 50% at around $44700 and then 20k is actually possible as next target. In terms of your long term projection, would you still see another leg up from 20k to 45k? Or this is it, and much lower targets expected?
Bullbrain
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@AndySmart, because of the rounded top pattern, the drop below the 200ma and the crossing of the 50 and 100 ma, i think it makes sense that we will be going sideways+downward to the 200 weekly ma, touching it in 2022.
AndySmart
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@Bullbrain, what would be your expected range going forward? Do you see next leg down as wave 5 and then abc correction to 45k again or ranging at the lower levels? cheers