I combined these crossing points of former support lines with the latest trendline and their parallels. After that I constructed a fib retracement on top starting at the 'Jamie Dimon Dip' some months ago acting as the last real steep correction.
It's difficult to tell how low it will go at the moment but I set up an interesting demand zone for buying a low dip between 10k and 8.7k.
Comments are always welcome. Stay bullish!
Merry Christmas everyone :)
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11.4 support reached. Short-Term reversal possible
Target: ~15.5k
Operación activa
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Next leg lower accomplished. Price hit given trendline exactly. Still waiting for a dip below 10k and 9k