If price movement goes from here up, the first leg of EW can be confirmed. Support line held at 100MA (moving avarege - light blue) what is a good sign.
Than we can expect the move of price even to around 10 usd in leg (3) which is 1.61 fibb extention of current leg (1). In this pattern the leg (5) can lead to new ATH in the blue box.
Than we can expect the move of price even to around 10 usd in leg (3) which is 1.61 fibb extention of current leg (1). In this pattern the leg (5) can lead to new ATH in the blue box.