Updated
Resistance To Break
Looks like a strong resistance at ~$4.24
The .236 fib lines up with it, resistance line (yellow dashed) able to be set there as multiple retests have been seen, 50 MA also serving as a resistance
~$4.07 looks like a solid support too
~$4.34 at the .382 fib looks like a good target
Let's watch and see if it's able to break out
I am new so feedback is welcome
Good luck
The .236 fib lines up with it, resistance line (yellow dashed) able to be set there as multiple retests have been seen, 50 MA also serving as a resistance
~$4.07 looks like a solid support too
~$4.34 at the .382 fib looks like a good target
Let's watch and see if it's able to break out
I am new so feedback is welcome
Good luck
Trade closed: target reached
Target of $3.34 reached
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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.
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.