Waiting for the 0.618 Fibonacci resistance to break
In case of breaking the resistance of 0.618 Fibonacci, which is a very strong resistance that should happen with a suitable volume, I expect the formation of a double baton pattern. The target of this pattern is the size of the valley, so after breaking this resistance, the next target is $ 3,000. And after that $ 3400 is the second barrier to the upward movement
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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.