Algo price movement over the next wave cycle

11 thg 1, 2022

Based on the previous movements analysis, i've extrapolated trend lines from the first cycle of this upwards moving wave to get a look at what we could see in terms of the next dip, which may be down to around 1$, followed of course by another rising wave that could go as high as 2$ if the overall trend continues its momentum. If we don't see a continuing upwards trend, I would look at a more conservative high of 1.75 to 1.80 on the next crest, depending on if it will mellow out into a more neutral cycle, or if it will potentially fall into the next lower bracket (highs of 1.25, lows of 0.85 ) again.