A fall is possible.

On the daily chart, a downward correction of the higher level forms as the wave 2, within which the wave (C) of 2 develops. Now, the third wave 3 of (C) has formed, a correction has ended as the fourth wave 4 of (C), and the fifth wave 5 of (C) is developing, within which a local correction is forming as the second wave of the lower level ii of 5. If the assumption is correct, the price of the asset will fall to the area of 60.00–50.00. In this scenario, critical stop loss level is 80.35.