The price on the higher time managed to move upward after finding a 61.80% Fibonacci retracement level. Currently, it is trading inside a wedge formation where expect it to be broken from the upper side. On the lower time frame, the price managed to break the trendline, and we expect a lower correction to the 191.20 USDT mark, and then a pump to the upside. ------------------------------------------------------------------------------------- Trade Idea:
Buy Limit Order @ 191.20 Take Profit @ 205.16 Stop Loss @ 184.32
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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.