Rising Wedge/Channel :: Target @ 53.4k?
What's your opinion on the current run?
We've shot pass the 50% fibonacci growth curve, we've already tested the 38.2% fibonacci.
We've also held support at 38k in the 30m TF.
Are we going to see another breakout today?
If we do breakout upward, I'm seeing price targets of up into the 50k region.
Although. I'm also very careful in case we get a pullback -- IF WE DO get a pull back we're going to see 24k-28k being a possible target price region.
Not advice. Just basic TA and an opinion.
We've shot pass the 50% fibonacci growth curve, we've already tested the 38.2% fibonacci.
We've also held support at 38k in the 30m TF.
Are we going to see another breakout today?
If we do breakout upward, I'm seeing price targets of up into the 50k region.
Although. I'm also very careful in case we get a pullback -- IF WE DO get a pull back we're going to see 24k-28k being a possible target price region.
Not advice. Just basic TA and an opinion.
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