A very long shot
This is a very long shot, but there seems to be a good correspondence with a fibonacci sequence an the time at which these retracements are occurring. Based on time analysis I have looked at how much each wave has pulled back using the Fibonacci for the price. Based on this it seems that each wave pulled back between 30/50% before going up again.
This gave me enough information to draw an elliot wave to roughly estimate the expansion pattern 1 to 5 then a zig-zag, 1 to 3 pull back.
Looks like the price might pull back another little bit from where we are, then will start pumping back up toward 20K
This gave me enough information to draw an elliot wave to roughly estimate the expansion pattern 1 to 5 then a zig-zag, 1 to 3 pull back.
Looks like the price might pull back another little bit from where we are, then will start pumping back up toward 20K
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