fairly giant crab harmonic extends to 13K. Two paths to reach 13k, sideways consolidation then a parabolic run or a deep dip with a v shape recovery then another parabolic run up. The price action in both cases are retesting the 400ema 4h for support, one where the price meets the ema and another where ema meet the price. the one that dips to meet the ema is more bearish because price must go under previous support and there is the possibility that the 4h 4000ema will not support the price action which can send it to 6k.
a thrid price path is straight up outline in my ideas below.
a thrid price path is straight up outline in my ideas below.
