🇺🇸 – Monitoring the expected path of the cryptocurrency on the 1-hour timeframe 🔥

⚡️ Reversal Pattern

👉 A contracting diagonal pattern is forming, representing wave (C#DOTUSDT of an expanding flat pattern, within a higher-degree corrective wave. 👌

✨ When this pattern is completed with a breakout above a key level and surpassing the upper boundary 🏹, it will confirm a bullish outlook, indicating the start of an upward wave 🔥 that could push the price toward recording a new high, ideally targeting the area between $2.323 and $2.487 💸, based on the length of the previous wave.

✨ The bullish trend may extend further depending on overall market developments.

👈 What supports this forecast:

1️⃣ A clear impulsive structure of five waves, likely representing wave three.

2️⃣ A completed corrective pattern that may end with a contracting diagonal reversal.

3️⃣ A strong correction and retest, consistent with the nature of these wave structures.
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