Athena Index score: pending/100
there's a chance of both a pop to the upside followed by a nasty sell-off
a pump to the upside and then arrests and a pullback and supporting on 10k
remain bullish until probably ten and a half to be run to anywhere up to twelve possibly even 13 K
We do not assess that you are gonna take out the previous high like everyone has been asserting new all-time highs
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we will at some point get into the double digits how far I don't know it could be 10 K it could be 12 K it could even be a little bit to the high side of 12 K
20 21 is the break and then the just the geometric target will take you to 28,000 27 28 thousand but I do feel that you're going to over perform substantially
some of the much bigger than you might imagine ones that could go up to 50k and even approaching a hundred K at some point could then materialize
I think we could be potentially at what I'm gonna call our third high this half of the year which means we're beginning a weak descent and it'll be slow and very indifferent
if it went to four thousand two hundred and fifty to be a feel a little bit heavy and what I call low slung in structure so it already starts to be a slight spoiler if we were to break down lower ther
you come out with targets Roughly at wait for it to go away 8500 and 8 720 on the two Jaws so those two purple numbers there I your targets
having said all that We're still bias bull so we investment long and have been for a bit now since the triggering of the Inverted head and shoulders
So it's not the highest probability it's not the strongest it's not going to be unequivocally It's not going to ever make you feel super comfortable
our our view for where the highest point might tap out It's gonna be somewhere between the 10 and the 12 and off Okay, and it's gonna be a slow windy road in my view and I would bias more to the 10 an
overall, I'm biased to this bull for a break of the channel.
So you might see an eight seven fifty which also ties into the inverted. Head and shoulders targets from the seven six neckline.
On the super macro we bullish. We expect this long one to go.
We are hanging on to the six eight target level and this huge volume by price and we showed that video as well.
you're going to get a reduction in volatility. And you're also going to have a bit of a frustrating period... And you're going to turn a little bit.