$TOTAL - Excluding BTC & ETH (update)
Looks like we have completed the Sign of strength phase, and the back up.
This is where the real expansion starts after leaving the accumulation range. Looking left we can see we are above critical resistance, and historically, its straight up and down from here to target 3 with likely consolidation under the 2.618
Looking at the entire structure here as a broadening accumulation, the major move comes after the recovery the lower inflection level or range low, and would typically be pretty aggressive from here to the top of the broadening formation.
If we see a partial decline there / high and tight consolidation, it could give some validity to targets beyond my extension levels here, which would be a measured move of the bull top, to bear low.
This is where the real expansion starts after leaving the accumulation range. Looking left we can see we are above critical resistance, and historically, its straight up and down from here to target 3 with likely consolidation under the 2.618
Looking at the entire structure here as a broadening accumulation, the major move comes after the recovery the lower inflection level or range low, and would typically be pretty aggressive from here to the top of the broadening formation.
If we see a partial decline there / high and tight consolidation, it could give some validity to targets beyond my extension levels here, which would be a measured move of the bull top, to bear low.