Growth is possible.

On the daily chart, the third wave of the highest level 3 develops, within which the first entry wave of the lowest level (1) of 3 and the correctional second wave (2) of 3 ended, and the wave (3) of 3 develops. Now, the first entry wave of the lowest level 1 of (3) is forming, the local correctional wave iv of 1 has ended, and the wave v of 1 is developing. If the assumption is correct, the asset will grow to the area of 47.85–51.00. In this scenario, the critical stop loss level is 42.50.

On the four-hour chart, the asset price is moving within a long-term upward trend, holding at the level of 44.15, and in the price range of 45.13–43.87, a series of reversal patterns of candlestick analysis Evening Star, Hanging Man and Dark-Cloud Cover have already appeared, which signal that quotes have reached the high price area and warn market participants about a downward trend reversal.