After pulling back & bouncing off the L2 in the end of January our next target is the L1 ( Major Resistance ) which is estimated to be hit in the coming weeks.
From there we are looking at a 30-50% pullback before continuation to the upside.
Sell: 3,100 - 3,300
Stop-Loss: 3,600
After rejecting off the L1 ( white line ) in the second week of January @48k my next target by default is the L2 ( red line ) @30k by the end of Q2 or beginning of Q3.
These support & resistance levels are calculated using my proprietary tool called LifeLines. Think of them as moving averages on steroids.
I doubt that this happens but in the case that we...
Considering that price bounced with adversity off the L2 ( red line ) @176 in the beginning of February, the next "target" to be aware of is the L1 ( white line ) at the previous local top.
Buy: 194
Stop-Loss: 175
Take-Profit: 290
RR Ratio: 5.19
The lines included in the chart are calculated using my proprietary tool & they represent MAJOR support &...
