if XA=BC (AB=CD rule), then if we follow the same pattern as we are on this bullish reversal (0.446, 2.14) on short time frame, we could see 22k before a dump to around 18.3k.
The fibs lineup well to create a bear harmonic, and the potential Take Profit 1 would be 20k, with a final target of 18.3k.
Currently, there was a 0.382 retracement and the bulls bought. This is temporarily bullish.
The fibs lineup well to create a bear harmonic, and the potential Take Profit 1 would be 20k, with a final target of 18.3k.
Currently, there was a 0.382 retracement and the bulls bought. This is temporarily bullish.