Growth is possible.

On the daily chart, the third wave of the highest level 3 forms, 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 wave 3 of (3) and the wave iii of 3 are forming. If the assumption is correct, the asset will grow to the area of 56.50–60.00. In this scenario, the critical stop loss level is 49.85.