Using the monthly chart, I am looking at another bearish month of consolidation. I expect a wick up to February's open in orange and a wick down to January's Low. I then expect a close around 2025's Open at 42,929.
I then expect May to be a monstrous month taking out all of this consolidation and continuing the bullish trend.

I am looking for price to slow down into the 2025 yearly open.
If you look at the monthly candles, February did not take out the high of January. Nor do I expect March to take out the high of February. I DO expect March to take out the Lows of February and January.

I am expecting price to go up first, create the wick but not take out February's high, sell down to take out January's low and rally back up to close at 43,000. A bearish Doji

I then expect May to be a monstrous month taking out all of this consolidation and continuing the bullish trend.
I am looking for price to slow down into the 2025 yearly open.
If you look at the monthly candles, February did not take out the high of January. Nor do I expect March to take out the high of February. I DO expect March to take out the Lows of February and January.
I am expecting price to go up first, create the wick but not take out February's high, sell down to take out January's low and rally back up to close at 43,000. A bearish Doji
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