The time it took to reclaim each of the major horizontals after dropping below is proportionally the exact same number of days (53% of the first part).
The two corrective patterns aren't exactly the same, but it seems they are both ending with a fairly rounded bottom formation after spending time grinding on top of those major horizontals.
The price projection of $16,680 is using the same logic, but on the y-axis.
The two corrective patterns aren't exactly the same, but it seems they are both ending with a fairly rounded bottom formation after spending time grinding on top of those major horizontals.
The price projection of $16,680 is using the same logic, but on the y-axis.