Depending on the type of price behavior in the x-range of the hypothetical wave, price movement along the specified lines can be probable.
In the current range, due to the penetration of prices to the specified ranges, we expect to determine the price movement trend
The main price route is in case of crossing the line of support and resistance trends and according to the specified routes
If the correction in the x-wave support range is completed, we can see the continuation of the uptrend And if it crosses the red support range, it will be possible to continue the correction up to the specified limits, and the price will not be able to create a new price ceiling for a long time.
If it does not go above the resistance range and does not stabilize, there is a possibility of correction according to the specified pink path. If that continue to climb, the abc scenario and continuation of the route is possible
You are expected to climb the price according to the specified route If the price is weak on the rise and crosses the b_d trend line, we will expect a decline
We expect the price to move according to the specified path And then we will see the continuation of the upward trend
I expect the trend to change before reaching level 100, and if the price reaches the trend line b_d, the scenario of further decline is possible, which may advance to the level of 1570
The price is expected to move in the indicated direction If the line crosses the trend, we will still see a downward trend after the fluctuation
The price is expected to change from the support range and move to the previous level
I expect the price to change trend from one of the resistance ranges And move towards the x wave This correction can be to rest the price to continue climbing in the medium term