Forecast published on May 7, 2025.
The chart displays a completed ABC corrective structure, with confluence at Fibonacci retracement levels and a potential breakout of a descending wedge.
Projected entry zone: around $1.80 by late June (near the 0.618 retracement, with strong technical support).
First take-profit target: $3.00 — aligned with the 1.618 Fibonacci extension and a psychological round number.
The narrative holds as long as wave structure remains valid and RSI exits oversold territory on the daily chart.
This is not financial advice, but a technical hypothesis based on market structure and price behavior
The chart displays a completed ABC corrective structure, with confluence at Fibonacci retracement levels and a potential breakout of a descending wedge.
Projected entry zone: around $1.80 by late June (near the 0.618 retracement, with strong technical support).
First take-profit target: $3.00 — aligned with the 1.618 Fibonacci extension and a psychological round number.
The narrative holds as long as wave structure remains valid and RSI exits oversold territory on the daily chart.
This is not financial advice, but a technical hypothesis based on market structure and price behavior
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.