We can see that we had a double bottom on one of my earlier charts and now we are forming a Bullish Triangle that usually forms after a double bottom that indicates price increase, plus our Stoch RSI is towards the bottom indicating possible upward momentum. We will most likely move to our next FIB level represented by the yellow line i drew to about $10,050
Comment
idea closed decided to complete inverse head and shoulders instead
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.