This is a continuation of my observations from May 2021. At the price of 59k, I applied the pattern from 2019 and set a consolidation level of 28-32k and then an increase to 58k +
Will the comparison still work and you should be ready for a powerful correction? At the moment, we have bounced off the significant level of the trend line on the logarithmic chart. Previously, the correction reached 1.618 fibo - which is now around 24k
Will the comparison still work and you should be ready for a powerful correction? At the moment, we have bounced off the significant level of the trend line on the logarithmic chart. Previously, the correction reached 1.618 fibo - which is now around 24k