No new lows since June... We have a perfect pattern of up, correction and then more up; which is a bullish pattern.
The correction for the June/July bullish breakout ends exactly above the 0.618 Fib. (golden ratio) retracement level and volume fully supports this pattern as a small correction or retrace.
We can expect a higher high next compared to July's peak based on the above price action.
Volume is low but likely to be higher when looking at other exchanges. While low, still leaning towards the bulls and many times above the daily average, in the last few days.
Many bullish signals on this chart and resistance is being challenged today.
✔️ 100% bullish all across.
Patience is key... Thanks a lot for your support.
Namaste.
The correction for the June/July bullish breakout ends exactly above the 0.618 Fib. (golden ratio) retracement level and volume fully supports this pattern as a small correction or retrace.
We can expect a higher high next compared to July's peak based on the above price action.
Volume is low but likely to be higher when looking at other exchanges. While low, still leaning towards the bulls and many times above the daily average, in the last few days.
Many bullish signals on this chart and resistance is being challenged today.
✔️ 100% bullish all across.
Patience is key... Thanks a lot for your support.
Namaste.
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Disclaimer
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