Global X Lithium has recently continued its upward move, coming close to the $75.83 resistance. Still, we primarily expect selling pressure to return and to push price below support at $58.59 and, ultimately, into our green Long Target Zone ($48.40–40.94). In this range, we anticipate the low of green wave [B]. If, however, the upward move prevails and price breaks above the $75.83 resistance, our alternative scenario could come into play. In that 33% likely case, we would expect a higher high in wave alt.[A] before the anticipated sell-off begins.
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📊 Daily market insights combining macro + Elliott Wave analysis
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
🚀 Spot trends early with momentum, sentiment & price structure
🌐 Join thousands trading smarter at hkcmglobal.com
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.