SNXBTC on the weekly timeframe has formed a higher low which is indicative of a possible higher high. the higher low is confirmed by the formation of a bullish engulfing pattern on the 61.8 retracement level of the last move from 0.0002. I am expecting a sustained move upwards towards 0.0009 as that is the 1.618 Fibonacci extension point.
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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.