If the Cup and handle patter its confirmed we should be looking at the next resitance at $6.5 USD.
Also, the last Fibonacci retracement is proyecting to $6.5 USD.
Will update soon.
Also, the last Fibonacci retracement is proyecting to $6.5 USD.
Will update soon.
Note
It seems we have tested $4 as the new supportNote
If there is no more external factors, it will be normal and natural to retest the $5 mark as new support. Still confident to get $6.5 targetAlways be careful, corrections are healthier for keeping a bull run.
Note
We did test 1.618 in Fibonacci and retest $4 as new support. So far, so good.Target still at $6.5
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Disclaimer
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.