Please zoom out to see the bigger picture.
Scenario A:
Price can break above the resistance line and stabilize above the pitchfork midline.
Then I expect the price hit 61K.
Scenario B:
Price fails to break above the resistance line, price can be continue to drop to the pitchforks bottomline (41K-39K) and stabilize.
Then I expect a new rally begins first to the midline then to the topline and maybe 72K.
I'd really appreciate your comments.
Scenario A:
Price can break above the resistance line and stabilize above the pitchfork midline.
Then I expect the price hit 61K.
Scenario B:
Price fails to break above the resistance line, price can be continue to drop to the pitchforks bottomline (41K-39K) and stabilize.
Then I expect a new rally begins first to the midline then to the topline and maybe 72K.
I'd really appreciate your comments.