Updated previous idea on the DOT bull run-consolidation-bull run-consolidation pattern.
Adjusted the fib time series to better match earlier data series. This adjustment fits the current consolidation period much better.
We are at the end of the current fib time zone which corresponds to a consolidation period. So if the pattern holds, we can expect a bull run that touches the next fib levels ($56 and $65) after the previous ATH of $42.
If we stay in the parallel channel, $56 or $65 are possible within the next month.
Adjusted the fib time series to better match earlier data series. This adjustment fits the current consolidation period much better.
We are at the end of the current fib time zone which corresponds to a consolidation period. So if the pattern holds, we can expect a bull run that touches the next fib levels ($56 and $65) after the previous ATH of $42.
If we stay in the parallel channel, $56 or $65 are possible within the next month.