Waves Super cycle double bottom $1.25 close.
Next stop
1.55/1.7/1.95/10.8
On target. Possible wick $1.8-$1.6 and if the drawdown continues, liquidation flush $1.08 then straight to $10.8.
Waves rate is decoupled from btc and eth by a historical factor of x10. Mid term correction to ~$20 when btc/eth 30k/$2k.
If $2.05 holds as multi year resistance then $11 next week possibly tomorrow.
Speculating 38% retracement from 2.89, shake out at 3 day resistance $2.4 and then parabolic to $11.5.
Not yet confirmed. If bottom is not $1.8 zone then it will test $1.64. But it will after go very quickly to $7.64.