Keeping the assumption of higher lows on bigger time frames, elliot waves tracking scenario depicts that price may test the daily trendline of lows completely as volume is not feasible and then continue the journey upwards with volume accumulation.
Interesting fact is price shouldn't go below 39k zone because the dead end case scenario can start then @35k.
Interesting fact is price shouldn't go below 39k zone because the dead end case scenario can start then @35k.