First a bearsih view
As you can see an ascending wedge has been form, and it has a pretty steep target....
Now, the bullish view
The new ascending wedge looks much better to the eye and this possibility respects the Fibonacci levels pretty good.
If it passes the 9900$ level this solution has a higher probability of success.
I personally inclined towards the more bullish scenario
But in the end you can never see the future, lets wait and see.
Anyway after this correction, it should continue going up
Best of luck!
I am not a financial advisor nor is any content in this article presented as financial advice.
This is only my opinion, make of it what you wish. It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.
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