Bullish Alternative — Weekly
As outlined in prior updates, Cipher delivered an outstanding 38.8% rally this week, launching directly🚀 from the apex of the convergent support equivalence lines!
As previously noted, Intermediate Wave (4) completed a decisive retracement into the $14.36 Fibonacci target, settling precisely ➤ at the structural apex.
The model favours an extension into Intermediate Wave (5) within Primary Wave ⓷, projecting an impulsive advance toward ➤ $254.
This target aligns with the confluence of divergent equivalence lines and corresponds to the 1.618 Fibonacci extension derived from the Leading Diagonal of Primary Wave ⓵ — a configuration typically associated with strong bullish continuation patterns.
Overall, the wave structure suggests the uptrend remains firmly intact, with the projected impulsive phase now potentially underway.
🔖 In my Quantum Models methodology, the equivalence lines function as structural elements, anchoring the model's internal geometry and framing the progression of alternate paths.
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