I noticed quite a few bounces from previous ATH .
ATH X .61 always seem to be a key correction #.
First we went from $775 to to $470.
775 x 471 = $472.75
Another $2960 to $1830
2960 x .61 = $1805
Then we went to $4980 to $3000
4980 x .61 = $3037
And now we are going from $3,000 to what I believe $8200 as
8200 x .61 = $5000
Ignore the wave counts. New with charting tools.
Thanks for viewing!
If it breaks above $7600 and closes.... Who knows where it's going.
Bounced perfectly off the previous green buy zone.
we may be bouncing off on a downtrend for a few days. We may not retrace much if any. So trade at your own risk.
If it fails we may go down to the $6800-6900 area.
Watching both zones closely. Hopefully I can get to night trade some of the downfall.
Still bullish to the $8k+ mark.