Hello everyone, potential breakout in preparation for Elrond, please take a look a my chart. The pole give me a potential Target og 197$.. if breakout occur my red line and the Gold line (fibonnaci Golden at 171$) 0.618% would be 2 great zone to take profit.
Bullish scenario in preparation? We have a huge Spinning top in formation on the daily.. if it close like this in 48 minutes this will be our reversal confirmation to the upside.. i will post this candle (spinning top) under. Have a great night now.
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Imminent breakout Reversal Spinning top close
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If you take a look at this chart you will see that the current trend is that we are making higher lows, but not higher highs yet, but it can happen in the next leg up which should bring us back to 175$ to 180$. We are testing our 4 hours MA 100 right now to find an intermediate wave 2
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