Price came back down to retest last resistance on weekly chart. Last weekly candle closed as bullish spinning top. On daily we have been consolidating last week but making higher highs on 4h chart. Also there's bullish MACD divergence on daily chart.
Expecting long to fib 38,2 (15,39$), which will be target 1 and target 2 would be fib 50(15,55$).
I will try to enter long at current price and put SL to 14,9$
Expecting long to fib 38,2 (15,39$), which will be target 1 and target 2 would be fib 50(15,55$).
I will try to enter long at current price and put SL to 14,9$
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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.