According to this analysis wave 5 is extended.
In this case usually its 1.61 extension of wave 3 (near 8000). This is the level to watch for a retracement.
We can see also EMA 144 is holding price nicely, it can be useful to join the uptrend.
A series of previous 1-2s tell us the price will continue on uptrend long time.
Best regards.
In this case usually its 1.61 extension of wave 3 (near 8000). This is the level to watch for a retracement.
We can see also EMA 144 is holding price nicely, it can be useful to join the uptrend.
A series of previous 1-2s tell us the price will continue on uptrend long time.
Best regards.