Referencing YTD channel volatility and direction, forecast wave 5 sustaining ~60k USD by end of Week 1/early Week 2 March.
Accounting for the Elon factor here, the Tesla news triggered an overbought divergence north of channel within range of historical volatility (~13%). Correction this past week within historical volatility below channel (~13%) to resume current uptrend around 19 degrees, placing potential 60k sustained in 1st or 2nd week of March, not accounting for more Elon tweets.
I am an amateur (less than a year dabbling in TA) so feedback is very, very welcome. Thanks.