Upward channel, with MACD and RSI showing bullish trend. Predicting that price stays within top half of channel, until price reaches 1.6 Fibonacci level, intersecting upper channel support line - late Friday. This will be just over $50K.
Price will then bounce off upper channel support, and go mostly horizontal, or slight, dip until mid-channel is reached (red circle), on Wednesday (again at $50K). Price will likely continue bullish trend and push upwards towards upper channel support again, and new highs.
Another possibility is that it gradually follows the mid-channel support until $50K is hit on early Wednesday. At that point, we hopefully break through $50K and climb to new highs, but a possible retracement towards lower channel line.
Fib and support indicates a lower support of $43800. Fib is ignoring the Elon/Tesla pump - that doesn't count :).
(sorry, this is similar to my previous idea, but I ran out of time to edit it).
Price will then bounce off upper channel support, and go mostly horizontal, or slight, dip until mid-channel is reached (red circle), on Wednesday (again at $50K). Price will likely continue bullish trend and push upwards towards upper channel support again, and new highs.
Another possibility is that it gradually follows the mid-channel support until $50K is hit on early Wednesday. At that point, we hopefully break through $50K and climb to new highs, but a possible retracement towards lower channel line.
Fib and support indicates a lower support of $43800. Fib is ignoring the Elon/Tesla pump - that doesn't count :).
(sorry, this is similar to my previous idea, but I ran out of time to edit it).